MT Finance has updated its criteria for large multi-unit freehold block (MUFB) mortgages and launched a new semi-commercial mortgage product.
The changes are aimed at making it easier for investors to access finance for bigger multi-unit properties.
The new semi-commercial offering is designed for those looking to invest in properties with both commercial and residential use, with flexible criteria and competitive rates.
Marylen Edwards, director of mortgages at MT Finance, said: “We are excited to introduce more flexible criteria for our Large MUFB product and to expand our buy-to-let offering with the launch of our new Semi-Commercial product.
“These developments are a direct result of our ongoing dialogue with intermediaries and our commitment to providing solutions that meet the evolving needs of the buy-to-let market.
“We believe these enhancements will provide valuable opportunities for property investors.”
