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.