MT Finance Group has today announced an upsize of £1bn to its forward flow agreement with J.P. Morgan bringing the total size of the forward flow to £2.5bn. The initial agreement was put into place in July 2022 to support the launch of MT Finance’s buy-to-let mortgage offering. This latest agreement represents a deepening of the strategic relationship between the two firms and will enable MT Finance to expand its buy-to-let mortgage offering and to continue developing and expanding its specialist lending proposition across other mortgage product lines.
Established in 2008 by co-founders Joshua Elash and Tomer Aboody, MT Finance is an award-winning specialist finance lender operating in the UK bridging finance and buy-to-let mortgage market. This announcement comes at a time of significant growth for MT Finance and reflects the company's positive outlook for the specialist finance sector.
Interpath advised MT Finance on the enhanced forward flow agreement and Ashurst LLP acted as legal counsel to MT Finance for this deal.
Joshua Elash, Founding Director of MT Finance said:
“This latest agreement assists us in two key areas. Firstly, it allows us to improve and expand our product offering on our buy-to-let mortgage business in a very focused and strategically important fashion. Secondly, it provides us with the infrastructure to diversify and launch into other areas of the mortgage market, something we intend to do later this year."
Rob Tanna-Smith, Managing Director at J.P. Morgan said:
“Over the past three years, we have worked together with MT Finance as they launched and scaled their buy-to-let mortgage offering, complementary to their well-established bridging finance proposition. Broadening this collaboration is the natural next step in supporting MT Finance as they strategically position the business for further growth.”
Stuart Mogg, Managing Director at Interpath, said:
“We are delighted to have advised MT Finance on securing this forward flow agreement, which provides the business with the competitive pricing and flexibility needed to scale their products effectively. With strong demand for such financing in the current market, this agreement positions MT Finance to support borrowers navigating an evolving market landscape. It has been an absolute pleasure supporting the team through this process, and we look forward to seeing their continued success in the market.”
