Gareth joined the lender in 2018 and was previously managing director.

Darren will develop the commercial division, expand its product range, and build strong relationships with brokers.

The new product provides intermediaries with a dedicated solution for clients looking to invest in properties with a mix of commercial and residential uses.

The funding will enable MT Finance to expand its buy-to-let mortgage offering and expand its specialist lending proposition across other mortgage product lines.

The lender has made reductions of up to 0.24% on selected buy-to-let products. 

The update offers borrowers greater flexibility and access to funding.

The lender has increased the maximum LTV on its five-year fixed Tier 1 product.

Rates now start from 3.19%.

Specialist lender MT Finance has made a number of changes to its buy-to-let proposition, including a new product tier and new hires.

His career spans key positions at major lenders including NatWest and Lloyds Bank.