MT Finance adds loan criteria to Knowledge Bank platform
MT Finance has added its short-term loan criteria to the Knowledge Bank platform.
As part of the agreement, MT Finance’s light and heavy refurb, BTL purchase, and business investment offerings will be available through the platform.
The lender offers first and second charge bridging loans up to either 65% LTV of the open market value or 90% of the purchase price.
Knowledge Bank holds the full criteria of over 250 lenders and has over 120,000 individual pieces of criteria.
Gareth Lewis, commercial director at MT Finance, said: “We are delighted to begin this new partnership with Knowledge Bank.
“As part of our strategy for 2020 we have been actively looking to broaden our broker reach and support the education of the specialist market to a wider audience.”
Matthew Corker, lender relationship manager at Knowledge Bank, added: “Searches in the bridging section of our site have dramatically increased since the stamp duty holiday was implemented and as we rapidly approach the deadline, these will only increase.”