MT Finance cuts commercial rates and launches 80% LTV HMO offer
The new deal is available on 5-year fixed rates for properties up to eight bedrooms.
MT Finance has cut rates across its commercial mortgage product range and launched an 80% loan-to-value (LTV) offer for house in multiple occupation (HMO) properties.
The new deal is available on 5-year fixed rates for properties up to eight bedrooms.
The lender said the updates aimed to make it easier for investors to buy or refinance larger multi-let properties, responding to demand for higher-yield assets.
Gareth Lewis, deputy CEO at MT Finance, said: “Our goal is to remain agile and responsive to the needs of our brokers and their clients.
“By lowering rates across our commercial range and introducing an 80 per cent LTV limit for our HMO offer, we are giving our clients significantly more borrowing capacity to achieve their property goals efficiently in the current market.”
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