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MTF wins another Business Moneyfacts award

  Last night, MTF were awarded Highly Commended in the Best Service from a Bridging Finance Provider category at the prestigious Business Moneyfacts Awards 2015. The Business Moneyfacts Awards recognise the best products and services offered during the last year and showcase those whose support remains paramount for the financial recovery of the country. Needless to

does your client face property repossession?

MTF is able to offer bridging finance loans on complex deals, moving quickly and thinking outside of the box to provide financial solutions to borrowers in need. While MTF receives a large of volume of straightforward bridging finance applications every day and funds a big portion of these deals, it also takes great pride in

are you looking to re-bridge an existing bridging loan?

A number of borrowers often seek a bridge loan in order to refinance an existing bridge loan. Borrowers can find themselves unable to exit bridge loans with longer term financing from traditional lenders for a whole host of reasons from contractors being delayed due to complications with building works or attaining planning permission, to wider market

lending against open market value

MTF was approached by a borrower who had 10 days to complete on a buy-to-let investment property which he had agreed to buy off plan from a developer earlier this year, at a discounted price to its current market value. He had been served a Notice to Complete by the developer and risked forfeiting a

MTF scoops NACFB award

Last night MTF won the award for Short Term Lender of the Year at the annual NACFB Gala Dinner. Held at the Park Plaza at Westminster Bridge and in front of the industry’s finest, MTF beat off some stiff competition in the category including Shawbrook Bank and Dragonfly Property Finance. The award was presented to

is your client caught up in interest rate swaps?

We were approached by an applicant looking for £3.2 million. The client had gotten caught up in interest rate swaps which ultimately resulted in defaults on his mortgage. The client’s mortgage lender sought repayment and appointed a Law of Property Act (LPA) receiver who took full control over the property and his tenant’s rental payments.

turning SME aspirations into achievements

In his Wealth of Nations, Adam Smith coined the phrase ‘a nation of shopkeepers’ when describing the British. The phrase rings true today. Small and Medium sized enterprises are a critical part of the UK economy, accounting for around 60% of private sector employment and half the annual turnover of all private sector businesses. However,

MTF scoops Best Service Award at the Business Moneyfacts awards

  Last night, MTF won the award for Best Service from a Bridging Finance Provider at the Business Moneyfacts Awards. Providing a good service is at the heart of our business model. We are committed to building strong relationships with our introducing brokers and delivering the very highest standards of service, and we are honoured

fraud alert

MT Finance have been contacted by two members of the public in the last week in respect of a fraudulent scam where an unknown person and/or persons who are not in any way connected with MT Finance are contacting members of the public and offering them pay day loans. The scam/fraud is being committed against vulnerable individuals

AOBP lender bulletin

Source: http://www.aobp.org.uk/   By Joshua Elash, director at AOBP Associate Lender MT Finance In 1776 in his Wealth of Nations, Adam Smith coined the phrase a “nation of shopkeepers”when describing the British. The phrase rings true today. Small- and medium-sized enterprises (SMEs) are a critical part of the UK economy, accounting for around 60 per cent of private sector employment

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