MT Finance has updated its automated valuation model (AVM) criteria by increasing the maximum loan-to-value (LTV) from 60% to 65% on eligible transactions.
This update aims to offer borrowers greater flexibility and access to funding while maintaining MT Finance’s commitment to responsible lending practices.
The increased LTV will apply to both regulated and unregulated bridging finance applications on standard residential properties.
Gareth Lewis (pictured), managing director at MT Finance, said: “We’re pleased to announce this increase to our maximum LTV on AVM valuations.
“This enhancement reflects our ongoing efforts to streamline the application process and provide our broker partners with more competitive and accessible financing solutions for their clients.
“By increasing the LTV to 65%, we’re giving our clients greater borrowing capacity to support them in achieving their property goals efficiently.”
