Exclusive: Limited-Time Pricing for Our Large MUFB Offering
MT Finance has launched a limited-edition five-year fixed-rate product within its Tier 1 Large Multi-Unit Freehold Block (MUFB) range, aimed at giving brokers' clients clearer and more competitive funding options for this popular asset class.
The lender says its approach rests on common-sense underwriting and avoiding one-size-fits-all products, and that the new deal responds to demand for more specialised finance at a time when borrowers need to balance certainty with affordability. It suggests the product may be a chance to revisit cases that stalled because suitable funding was not available.
The product comes with two fee structures, allowing investors to choose between maximising borrowing from the outset or keeping upfront costs down, depending on their cash flow and exit plans.
Key features:
• Open to individual and corporate borrowers
• Available for purchases and remortgages
• Lending on MUFBs of between five and ten units
• Maximum loan of £3,000,000, or £2,000,000 on Tier 2 products
Further details are set out in MT Finance's updated buy-to-let product guide.