MT Finance is a London-based specialist bridging lender operating since 2008. It offers first and second charge bridging on residential, commercial, semi-commercial, HMO, and land.
Its defining feature is non-status underwriting: MT Finance does not credit-score applicants and does not require a minimum income or personal guarantee as standard. Decisions are made on the asset and the exit, not your credit history.
MT Finance Bridging Finance at a Glance
Our Verdict
MT Finance is the right lender when your credit history has ruled out every other option. At 0.95–0.99%/month, it is meaningfully more expensive than Together (0.71%) or UTB (0.57%).
For borrowers with active CCJs, ongoing arrears, or discharged bankruptcy, MT Finance is often the only viable path to bridging finance.
The non-status model is not just lenient credit assessment, it is a fundamentally different underwriting approach. MT Finance does not look at credit files. It looks at the security property and the exit plan. If both are sound, it will lend.
Best For
Borrowers with active CCJs, ongoing mortgage arrears, discharged bankruptcy, or severe adverse credit that Together or UTB will not accept. Also effective for auction finance where speed matters and a credit check delay is a problem.
Not Ideal For
Borrowers who can qualify for Together’s 0.71% or UTB’s 0.57% rate. MT Finance is the escalation option, not the default. If cheaper lenders will accept you, use them, the rate difference is significant over a 9–12 month bridge.
Key Facts
| Feature | Detail |
|---|---|
| Rate (up to 65% LTV) | 0.95%/month |
| Rate (up to 70% LTV) | 0.99%/month |
| Rate (second charge, up to 60% LTV) | 0.95%/month |
| Minimum rate (loans below £125k) | 1.05%/month |
| Maximum LTV (1st charge) | 70% |
| Loan range | £50,000 – £10,000,000 |
| Credit check | None, non-status underwriting |
| Facility fee | 2% (minimum £2,000) |
| Admin fee | £879 fixed |
| Exit fees | None |
| FCA regulated | Yes (FRN 925115 – regulated bridging subsidiary) |
| Trustpilot | 4.5/5 (112 reviews) |
What Is MT Finance Bridging Finance?
How MT Finance Bridging Loans Work
MT Finance provides short-term secured loans against UK property. The loan is drawn down quickly and repaid in full at the exit: sale of the property or refinance onto a longer-term product.
The key difference from other lenders is how MT Finance assesses applications. There is no credit check, no credit score requirement, and no minimum income test.
The underwriters look at the property value, the loan-to-value ratio, and the credibility of your exit strategy. If those stack up, it will lend to you regardless of what your credit file says. That’s the trade-off: no credit gate, but nearly double the rate.
Regulated vs Unregulated Bridging
Regulated bridging applies where you or a close family member intend to occupy the property. MT Finance handles these through MTF (NH) Limited (FCA FRN 925115). If you take regulated bridging, you have access to FCA consumer protections and the Financial Ombudsman Service.
Unregulated bridging covers investment, commercial, semi-commercial, HMO, and land. These are not FCA-regulated at the loan level. MT Finance’s non-status model applies equally to regulated and unregulated bridging, no credit check is run in either case.
Main Loan Options
MT Finance offers first and second charge bridging on: standard residential, buy-to-let, commercial, semi-commercial, HMO, and land. AVM (automated valuation model) is available on standard residential up to 65% LTV, recently increased from the previous 60% limit. Loans from £50,000 to £10,000,000.
MT Finance Bridging Loan Rates and Costs
Monthly Rates and Total Cost of Borrowing
MT Finance publishes rates from its March 2026 product guide, verified May 2026:
| Product | LTV band | Rate |
|---|---|---|
| First charge (regulated & unregulated) | Up to 65% LTV | 0.95%/month |
| First charge (regulated & unregulated) | Up to 70% LTV | 0.99%/month |
| Second charge | Up to 60% LTV | 0.95%/month |
| Second charge | Up to 65% LTV | 0.99%/month |
| Loans below £125,000 | All LTV bands | Minimum 1.05%/month |
Worked example for a representative adverse credit case:
| Scenario | Amount | Rate | Term | Interest | Facility fee (2%) | Admin fee | Exit fee | Total repayable |
|---|---|---|---|---|---|---|---|---|
| Adverse credit, 70% LTV | £250,000 | 0.99%/month | 9 months | £22,275 | £5,000 | £879 | £0 | £278,154 |
We excluded valuation and legal fees from this example. We calculated the total cost gap versus UTB (0.57%/month on a similar loan) at approximately £14,000 on this scenario. The catch is the rate: that £14,000 gap is the cost of non-status access when UTB won’t lend.
Rolled-Up vs Serviced Interest
MT Finance’s standard bridging product uses rolled-up interest: no monthly payments, full repayment at exit. If your cash flow is committed elsewhere during the bridge, you pay nothing monthly while you’re waiting for sale completion or planning consent.
Serviced interest (monthly payments) reduces the total interest cost and is available on a case-by-case basis. For most adverse credit scenarios, rolled-up is the standard structure.
Fees and Charges
| Fee | Amount | Notes |
|---|---|---|
| Facility fee | 2% (minimum £2,000) | Standard arrangement fee |
| Admin fee | £879 fixed | Flat fee regardless of loan size |
| Exit fee | None | No ERCs on any MT Finance bridging product |
| Legal costs | Borrower pays both sides | Standard market practice; budget £2,000–£4,000 |
| Valuation | Borrower pays | AVM available up to 65% LTV on standard residential |
What Affects Your Rate
LTV is the only published rate driver for MT Finance. Adverse credit does not affect your rate, the non-status model means credit history is not an input to pricing. In practice, that makes your rate predictable.
The rate at 65% LTV is 0.95%/month; at 70% LTV it is 0.99%/month. Loans below £125,000 carry a minimum rate of 1.05%/month regardless of LTV. Property type and loan complexity may influence the underwriting decision but are not a published pricing variable.
MT Finance Bridging Loan Eligibility
Who Can Apply
MT Finance lends to individuals, sole traders, limited companies, LLPs, and SPVs. There is no minimum personal income requirement and no personal guarantee required as standard. No credit check is run on your application.
Decisions are based on: the security property and its value, the loan-to-value ratio, and the viability of your exit strategy.
Property Types, LTV and Adverse Credit
| Property type | Max LTV (1st charge) |
|---|---|
| Standard residential | 70% |
| Commercial/semi-commercial (<60% commercial space) | 75% |
| Commercial/semi-commercial (standard) | 70% |
| AVM transactions (standard residential) | 65% |
Adverse credit policy: MT Finance accepts the following without any thresholds, minimums, or age requirements:
| Adverse credit type | MT Finance’s position |
|---|---|
| CCJs (any value, any age) | Accepted |
| Defaults (any value, any age) | Accepted |
| Mortgage arrears | Accepted |
| Discharged bankruptcy | Accepted |
| IVAs | Accepted |
This is the core distinction from Together (thresholds apply) and UTB (holistic assessment, adverse credit may be declined). MT Finance makes no credit-based eligibility judgements at all. The sole criteria are the security and the exit.
Security Requirements
MT Finance requires a first or second charge over UK property. AVM is available on standard residential up to 65% LTV (recently increased from 60%). Above 65% LTV or for non-standard property types, a physical RICS valuation is required.
MT Finance does not check your credit file during underwriting. Budget £2,000–£4,000 for legal fees, higher than some competitors because MT Finance does not offer dual legal representation.
MT Finance Bridging Loan Application Process
How to Apply for a MT Finance Bridging Loan
MT Finance accepts both direct applications and broker introductions. Broker procuration fees start from 1%, paid by MT Finance.
Brokers can check your eligibility against MT Finance’s criteria directly. For complex adverse credit cases, broker involvement helps ensure your application is packaged correctly before submission.
Valuation, Legal Work and Documents Needed
AVM is available for standard residential property up to 65% LTV, no physical survey required on qualifying cases. Above 65% LTV or for non-standard property, a RICS physical valuation is required at the borrower’s cost.
Because MT Finance does not run a credit check, there is no credit report documentation required.
You will need: proof of identity, property title documents, details and evidence of your exit strategy (sale agreement, mortgage in principle, planning documents), and details of any existing charges on the property.
When you receive MT Finance’s formal offer, instruct your solicitor immediately, legal work is typically the longest lead time before funds release.
Decision and Completion Times
MT Finance completes in 5–10 working days as standard. If you face a 28-day completion deadline after an auction purchase, same-week completion is possible, the absence of a credit check removes one of the typical bottlenecks.
Exit Strategy and Risk
Acceptable Exit Routes
| Exit route | Notes |
|---|---|
| Sale of property | Standard exit; evidence of marketing/progress required |
| Refinance onto BTL or commercial mortgage | Mortgage offer or strong in-principle evidence needed |
| Development exit | Accepted, bridge into development finance or outright sale |
| Re-bridging | Available if asset retains equity and borrower communicates early |
Open vs Closed Bridge
A closed bridge has a confirmed exit, contracts exchanged or a mortgage offer received. MT Finance prices these at lower risk.
An open bridge has no fixed exit date. MT Finance will lend on open bridges, which is consistent with its specialist model. Adverse credit borrowers are more likely to be on open bridges where the refinance route is uncertain, MT Finance accepts this risk where other lenders stop.
What Happens If the Exit Is Delayed
MT Finance takes a pragmatic approach to delayed exits. Extensions and re-bridging are available if the borrower communicates early and the asset retains sufficient equity.
This is particularly relevant for adverse credit borrowers, whose refinance paths may take longer than expected.
If your buyer pulls out three weeks before repayment is due, contact MT Finance immediately, while you’re waiting on a replacement buyer, an extension keeps the loan current and preserves your position.
If the exit cannot be achieved and enforcement becomes necessary, MT Finance can appoint a receiver or pursue possession.
The equity cushion at your LTV determines what remains after enforcement costs. At 65% LTV there is meaningful headroom; at 70% the margin is tighter. Always have a specific exit plan and a realistic fallback before drawing down.
MT Finance Bridging Loan Customer Reviews
What Customers Like
MT Finance’s Trustpilot score is 4.5/5 from 112 reviews (May 2026). Given its specialist positioning, the review volume is lower than UTB (4,256 reviews), MT Finance clients are a narrower cohort with complex, adverse credit situations.
Positive themes include individual relationship managers, speed under time pressure (including stopping repossessions), and handling of complex facilities that other lenders declined.
Common Complaints
Publicly available review volume is lower than mainstream lenders. Where issues arise, they tend to relate to communication during complex cases and documentation requirements for non-standard situations. These are characteristic of specialist lending, not unique to MT Finance.
MT Finance Support and Regulation
Customer Support
MT Finance assigns individual relationship managers to bridging cases. For adverse credit borrowers in complex situations, often working against time pressure, the individual relationship manager model is more appropriate than a call centre.
MT Finance is ASTL, NACFB, and FIBA member, indicating active industry participation.
Regulatory Status and Complaints
Regulated bridging is handled by MTF (NH) Limited, authorised and regulated by the FCA (FRN 925115). Regulated bridging borrowers have access to the Financial Ombudsman Service for unresolved complaints.
Unregulated bridging is handled by MT Finance’s commercial arm, which is not FCA regulated at the loan level. FOS access does not apply to unregulated loans.
Neither entity is covered by the FSCS for bridging products, the FSCS covers depositor savings at authorised banks, not specialist credit products.
MT Finance vs Alternatives
MT Finance vs Together
Together is the cheaper option where it will lend: 0.71% against MT Finance’s 0.95%, with a higher LTV of 75% versus MT Finance’s 70%. In practice, that’s the deal for most adverse credit borrowers, use Together if you fit its thresholds.
Together credit-assesses with specific thresholds. If your adverse credit sits within those limits (CCJs under £3,000 if satisfied, defaults under £300), Together is the better deal.
MT Finance is for cases where Together’s thresholds are exceeded: active CCJs above £3,000, ongoing arrears, recent bankruptcy. These fall outside Together’s criteria and inside MT Finance’s non-status model.
MT Finance vs United Trust Bank
UTB is significantly cheaper at 0.57–0.65%/month for regulated bridging, roughly half MT Finance’s rate. UTB uses holistic underwriting that considers adverse credit on its merits, but it will decline cases that MT Finance’s non-status model accepts.
The principle is simple: if UTB will lend to you, use UTB. If UTB declines, consider Together. If Together also declines, MT Finance is the correct next step. Do not start at MT Finance’s rate if a cheaper lender is accessible.
Final Verdict: Is MT Finance Bridging Finance Worth It?
MT Finance is worth it in one specific scenario: when the alternative is no bridging loan at all.
The non-status model exists for borrowers who have been declined by every other lender. In those situations, the 0.95–0.99% rate is not a premium over the market; it is the only available price.
Where MT Finance loses: if you can qualify for Together (0.71%) or UTB (0.57%), use them. On a £250,000 nine-month loan the gap is £5,000 against Together and £12,000 against UTB. Those aren’t small differences.
The diagnostic question before using MT Finance is: have you actually been declined by Together and UTB, or have you assumed you would be? That’s worth finding out before committing to the rate premium.
Frequently Asked Questions
Does MT Finance lend to borrowers with CCJs?
Yes. MT Finance does not credit-score and does not apply thresholds to adverse credit. CCJs of any value and any age are accepted. The loan is assessed on the security property and the exit strategy, not the credit file.
What is MT Finance’s minimum bridging loan amount?
The minimum loan from MT Finance is £50,000. The maximum is £10,000,000 for general bridging. Note that loans below £125,000 carry a minimum rate of 1.05%/month regardless of LTV.
How long does MT Finance take to complete a bridging loan?
MT Finance completes in 5–10 working days as standard. Same-week completion is possible where required, including for auction finance with 28-day deadlines. The absence of a credit check removes one of the usual processing delays.
What LTV does MT Finance offer for adverse credit cases?
Adverse credit does not reduce the LTV available from MT Finance. The standard first charge limit is 70% LTV regardless of credit history. AVM transactions are capped at 65% LTV. The non-status model means credit history does not affect the LTV ceiling.
What are MT Finance’s fees?
MT Finance charges a 2% facility fee (minimum £2,000) and a fixed £879 admin fee. There are no exit fees or ERCs on any bridging product. The borrower pays legal costs on both sides, budget £2,000–£4,000. Figures verified from MT Finance’s March 2026 product guide.
Methodology and Disclosure
How we reviewed MT Finance Bridging Loans
What we assessed. We evaluated MT Finance bridging loans on rates, fees, LTV, adverse credit policy, application process, completion times, and customer reviews.
We focused particularly on the non-status underwriting model and how it compares to Together’s published thresholds and UTB’s holistic approach.
Data sources. We verified rates and product terms from MT Finance’s March 2026 product guide, FAQ pages, and broker partner data in May 2026.
We checked Trustpilot (4.5/5, 112 reviews) as at May 2026. We cross-checked the FCA register for regulatory status (FRN 925115, MTF NH Limited). We reviewed third-party broker profiles (mortgageknight.co.uk, octagoncapital.co.uk) for eligibility corroboration.
Update cadence. We re-verify rates and eligibility on this page at least quarterly. We have no affiliate relationship with MT Finance that affects our editorial assessment. See our editorial policy.