MT Finance reduces commercial rates and unveils new LTV offer

Specialist lender MT Finance has announced enhancements to its mortgage product range, with across-the-board rate cuts for its commercial products.

Additionally, the lender has launched a limited-time HMO offer with up to 80 per cent loan-to-value (LTV) on five-year fixed-rate products for properties up to eight bedrooms.

This move is a response to the demand for higher-yield assets and lowers the capital barrier for investors looking to acquire or refinance larger multi-let properties.

Gareth Lewis, deputy CEO at MT Finance, comments: "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."