The Five Minute Interview with Tomer Aboody, Director, MT Finance
Established in 2007, MT Finance are an award winning bridging finance lender specialising in the real estate market in London and the South East. MT Finance takes an alternative approach to bridging finance loans; focussing on the property, and listening to the borrower. We speak to director, Tomer Aboody:
What is the best thing about being in the bridging finance business?
Having the opportunity to facilitate real estate business by providing a practical and fit for purpose solution to a borrower. The credit crunch has had a massive impact on property investors, developers, and ordinary borrowers and has threatened to prevent the continuation of real estate investment in the U.K. At MTF we take pride in helping borrowers make or save money.
What keeps you focussed?
Always wanting to ensure that MTF consistently deliver results and a top class, fast service across the board. My ambition to try and be the best in everything I do.
What qualities do you look for in your employees or colleagues?
Honesty, hard work, commitment and a team player.
Are you an optimist or a pessimist?
Optimistic for sure. Pessimism breeds negativity. When you approach anything from a positive outlook it dramatically increases the chance of success.
What did you want to be as a child?
Obviously a professional footballer, like every other boy.
What will be the greatest challenge facing the bridging/development finance industry in the coming months?
As the global financial markets continue to be volatile, with new uncertainty surrounding the Euro, and whilst liquidity remains constrained it will be necessary for bridging lenders to continue to work closely with borrowers, being sensible on the LTVs at which they lend, and to stick to the basic principles of sound underwriting.
Who or what makes you laugh?
Do you dread Monday mornings?
Not really. Sadly I’m a workaholic. I work 7 days a week.
If you could change one thing about yourself, what would it be?
Being able to speak a few more languages.
With whom would you most like to have dinner?
The British sports media and ask them why they believed Gareth Barry was going to be our saviour in the World Cup!