MT Finance has increased the maximum LTV to 80% on its BTL small HMO offering, available for its five-year fixed tier one product effective immediately.
This update reinforces MT Finance's commitment to supporting landlords and property investors in the growing HMO market sector and is available for properties with up to six rooms with no complex structure.
With a maximum loan amount of £2m (subject to LTV limits), this product offers flexibility for investors looking to expand their portfolios or refinance existing properties.
Marylen Edwards, director of mortgages at MT Finance (pictured above), commented: "We're seeing continued strong demand in the HMO sector as investors seek higher yields in the current market.
“By increasing our maximum LTV to 80% on our five-year fixed rate product, we're providing investors with greater leverage opportunities while maintaining our commitment to responsible lending."
