MT Finance review 2026: bridging rates, fees and the England and Wales limit

Which MT Finance company actually lends

The footer lists five lending subsidiaries under MT Finance Group Limited (company number 12393228), all registered in England and Wales at Ground Floor Cooper House, 316 Regents Park Road, London N3 2JX. The main lending entity is M T Finance Limited (06622832), incorporated on 18 June 2008 and filed under SIC 64929, other credit granting. Alongside it sit MTF NE Limited, MTF (NH) Limited, MTF (LE) Limited and MTF (ZE) Limited.

Only one of those carries an authorisation claim. The footer says MTF (NH) Limited “is authorised and regulated by The Financial Conduct Authority (FRN: 925115)” and warns that borrowing through it means a mortgage contract secured on property. M T Finance Limited carries no such statement, which fits the usual split: regulated bridging, meaning a loan secured on a borrower's own home, goes through MTF (NH), and business and investment lending goes through the unregulated entity. The footer does not say which permissions FRN 925115 holds, so read the name on the offer letter and check the register entry against the product being offered.

Scale, from the group accounts to 30 June 2025 filed on 16 December 2025: turnover of £50,556,420 against £37,639,624 the previous year, profit before tax of £12,525,262, profit for the year of £9,485,993 (2024: £4,662,582) and net assets of £27,972,535. Average monthly headcount rose from 74 to 94. The auditors reported no material uncertainty over going concern. Those figures were read from a scanned filing, so treat them as the filed numbers rather than as anything we typed from a press release.

The England and Wales limit, and what it rules out

MT Finance's FAQ says it secures against residential, commercial and mixed-use assets within England and Wales. The bridging marketing sheet repeats it as a criterion line: security location, England and Wales. Of the five bridging lenders we looked at in this group, MT Finance is the only one that will not lend in Scotland at all. The other four all publish Scottish lending, most with island exclusions.

Northern Ireland is a different case and worth being precise about. MT Finance does not exclude Northern Ireland in words; it simply never appears in the published security location. We record that as an absence rather than as a stated exclusion, which is also true of every other lender in this group. If a borrower has a Belfast asset, the honest answer is that no MT Finance document says the lender will take it.

Land is a similar absence. The published security types are residential, commercial and mixed use, and the commercial mortgage FAQ says outright that MT Finance does not lend against land. No land bridging product exists in the guide, so a serviced-plot purchase or a strategic land buy has to go elsewhere.

What MT Finance lends against and how far it goes

The bridging range covers residential, semi-commercial, commercial, heavy refurbishment, second charges and regulated bridging. Minimums are £50,000 across the board. Maximums differ sharply: £10m on residential, £2.5m on semi-commercial and on commercial, £500,000 on heavy refurbishment and £2.5m on regulated bridging. Unregulated terms run from one to 24 months; regulated runs one to 12.

Loan to value tops out at 70% on residential, semi-commercial and commercial first charges, 65% on residential and semi-commercial second charges, and 65% on heavy refurbishment. Nurseries and healthcare property are capped at 65%. One detail changes the cash figure more than any headline rate: on commercial deals the guide says the maximum LTV is calculated against the 180-day valuation, not open market value. Against a lender that measures on open market value, the same building can produce a materially smaller advance here.

Heavy refurbishment is the most structured product in the range. First charge only, £50,000 to £500,000, 65% LTV, with 100% of build costs available in staged drawdowns. Gross development value is capped at 50% at up to 55% LTV and 55% at up to 60% LTV. Second charges are available on residential and semi-commercial to 65%, with a firm condition: where the second charge sits on the client's main residence, the loan must be for business purposes only. Re-bridging appears in the guide as an accepted first-charge purpose. On below-market-value purchases the FAQ caps lending at 70% of open market value or 90% of the undervalue price, whichever is lower.

The group has also moved into commercial mortgages alongside buy-to-let, so the same underwriting desk now takes term enquiries as well as short-term ones. Trade press reports a £2.5bn forward flow facility from J.P. Morgan behind that launch, and a £275m funding deal with funds affiliated to Centerbridge Partners agreed in October 2024. Neither figure appears on MT Finance's own site, so we cite them as reported rather than as company statements.

What it costs, and the trap under £125,000

Published monthly rates, from the bridging product guide, with the base rate noted on the cover as 3.75%. Residential first charge: 0.89% to 60% LTV, 0.95% to 65%, 0.99% to 70%. Residential second charge: 0.95% to 60%, 0.99% to 65%. Semi-commercial: 0.99% to 65%, 1.05% to 70%. Commercial: 0.95% to 55%, 0.99% to 60%, 1.05% to 70%. Heavy refurbishment: 0.99% to 65%. Regulated first charge: 0.95% to 65%, 0.99% to 70%. Rates are quoted as fixed monthly percentages, with no variable option shown.

Then the fee stack. A 2% facility fee with a £2,000 minimum, plus a flat £879 admin fee on regulated and unregulated deals alike, all deducted at completion. On a £500,000 bridge that is £10,879, or 2.18% of the loan. On a £50,000 bridge it is £2,879, which is 5.76% of the loan before a day's interest. Small loans carry the cost of large ones here.

Worse for small cases, the guide sets a minimum interest rate of 1.05% a month on any loan below £125,000, whatever the LTV. A £90,000 residential first charge at 50% LTV does not get the 0.89% band; it pays 1.05%. That inverts what most borrowers expect, and it is the single most useful thing to know before quoting a client. Interest can be retained, part and part, or serviced on unregulated loans. Regulated loans are retained interest only.

On the way out, MT Finance is unusually clean. The guide states no early repayment or exit fees, and the FAQ adds that loans carry a one-month minimum term, after which the borrower can repay early or make lump sum payments without a charge. That matters on an auction purchase where a sale or a refinance might land in month three of a twelve-month facility.

Who gets approved

The guide accepts borrowers aged 21 to 85, and lists limited companies, LLPs, non-EEA borrowers, expats and offshore companies. First-time property investors are accepted, and regulated bridging adds first-time landlords. CCJs and arrears are accepted.

The FAQ goes further than most lenders will in writing: “We will take a view on a loan request, even if the applicant has a bad or adverse credit history, has previous CCJs or is in arrears. Additionally, no personal guarantors are required and no credit scoring will take place. Instead, we will focus on the security asset and the applicant's exit strategy.” A bridging lender putting “no personal guarantors” in its own published FAQ is rare, and it is the reason we put director-sensitive cases here first.

Speed claims are modest and specific. Lending decisions are “often made within hours of an initial enquiry”, terms “can be agreed within hours”, and funds “can be released in a matter of days”. There is no 24-hour completion promise, which we read as a better sign than the opposite. Whether MT Finance accepts automated valuation models on bridging is not stated anywhere in the product guide, the marketing sheet or the FAQ, so we treat it as unverified and ask the desk.

Where the published material does not line up

Two things do not match. The product guide linked from the useful documents page is filed under a name ending “1st-June-2026”, but its cover page reads 23rd March 2026, and a separately named March file also sits on the same domain. Which one is current is not obvious from the site, so quote from the copy the desk sends rather than the copy on the website.

The second gap is on LTV. The guide's commercial bands stop at 70%. The semi-commercial section of the product page says that for properties comprising less than 60% commercial space, MT Finance offers individuals and corporate borrowers up to 75% LTV. That 75% figure appears nowhere in the product guide. If a case depends on it, get it confirmed in writing before the valuation is instructed.