Complete FS

023 8045 6999 | www.complete-fs.co.uk | btl@complete-fs.co.uk

Bridging to 80% LTV

Complete FS launch BTL's through MT Finance

MT Finance has been a very successful bridging lender since 2008 and more recently started to offer regulated bridging finance, which Complete were one of the first distributors to promote.

Their growth has been impressive and we are delighted to be one of very few distributors to be offering their new Buy To Let proposition to the intermediary market. Launching new products to market during this volatile time is commendable and you will see from their USP’s that they will be a strong contender in the specialist market for years to come.

 

So, why consider MT Finance?

  • Affordability is so simple - 125% of the 5 year payrate
  • First-Time Buyers & First Time Landlords accepted
  • Will lend to Trading Co’s & SPV’s
  • Flats need to be minimum 28 Sqm
  • Holiday Lets acceptable - need to assessed on standard AST
  • Ex Pats to 65% LTV
  • Semi-commercial accepted subject to the commercial element not exceeding 40% of total floor area. They will ignore the commercial rental income
  • Will consider Day 1 Remortgage & Let-to-Buy
  • Will consider properties above/adjacent to commercial - £100k min value
  • Certain adverse acceptable on standard terms
 

Criteria Info

  • Loans from £25k to £2m
  • LTV: Standard & HMO to 80% LTV, MUFB to 75% LTV
  • Age of first Applicant 21 to 85, age of subsequent Applicant 18 to 95
  • £15k min income. A full 12 months employment or self-employed is required on first Applicant
  • Standard property value is £50k with max loan of 70% LTV. £75k value at 80% LTV
  • HMO's & MUFB's require at least 12 months property investment experience
 
View the product guide for rates and more details

Proc Fee

0.50%

 

COMPLETE FS STILL ONLY CHARGES A £99 APPLICATION FEE

 

Please call the Buy to Let Team if you would like to know more about this exciting new launch on;

023 8045 6999

Option 2, then Option 1.

btl@complete-fs.co.uk

www.complete-fs.co.uk

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9 Compass Point, Ensign Way Hamble, Southampton, SO31 4RA

FOR INTERMEDIARIES ONLY

Copyright 2022 Complete FS Ltd.

 

For the use of mortgage intermediaries & other authorised professionals only. Not to be shown to or used with the general public. Your home may be repossessed if you do not keep up repayments on your mortgage.

 

Registered in England & Wales with Company No. 81635434
Registered Office at Fleming Court, Leigh Road, Eastleigh, Hants, SO50 9PD.

 

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