JMT Finance enters the bridge financing market – Mortgage strategy

JMT Finance extends its loan proposal to the bridge financing sector.

The commercial real estate lender is launching a bridging loan which is available at up to 80% LTV with fixed rates from 1.20% per month and a term of up to 24 months.

It has a minimum loan size of £50,000 and a maximum loan size of £300,000 with all property types considered on the UK mainland.

JMT is committed to responding to inquiries within one business day and creating tailored lending solutions.

Chris Jones, Managing Director of JMT Finance, comments:

“This is a strategic decision that has been implemented based on some recent feedback from our introducers and their clients who are looking for a more accessible financing provider at the lower end of the market.

He adds: “We recognize that there are limited options for borrowers looking to borrow around £150,000 or less to help with the acquisition of their commercial property. We hope that our offer will contribute to satisfying this requirement.

“As a private sector-funded lender, we are not limited by any lending covenants. This means we have the flexibility to adjust our products quickly and frequently to meet the needs of our introducers and borrowers. In some cases, we are also able to customize bespoke products. »