MT Finance joins MCI Club’s lending panel

By Bridging Loan Directory 24th February 2020

MT Finance has joined MCI Club’s lender panel and members can now access its range of first and second charge bridging loan products.

MT Finance’s loan products are designed for property investor and developer borrowers, throughout England and Wales.

The new partnership marks the next step in the lender’s distribution strategy and follows the announcement it joined Paradigm Mortgage Service’s panel in January.

Gareth Lewis, pictured, commercial director, MT Finance said:

“As part of 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. Partnering with MCI gives us a great opportunity to continue this, and help brokers understand how bridging can help their client’s needs.”

MCI Mortgage Club has been expanding its lender panel over the past 12 months and now encompasses over 40 lenders across the market.

Phil Whitehouse, Head of MCI Club said:

“I really look forward to working with the team at MT Finance to bring their short-term bridging products to MCI’s growing data base of intermediaries. As borrowers’ circumstances get more complex it is vital that brokers have as many opportunities as possible to help them satisfy more and more customer’s needs.

This is especially important to MCI Club as not only do we appeal to brokers across the Directly Authorised market but in addition have exclusive arrangements in place with several large intermediary firms.”