Office address: The Broadgate Tower, 20 Primrose Street, Level 20, London EC2A 2EW
Website: www.mt-finance.com
Year established: 2008
Company type: financial services
Employees: 70+
Expertise: bridging, short term, finance, lending, funding, loans, property, light refurbishment loans, heavy refurbishment loans, development finance
Parent company: N/A
CEO and key people: Gareth Lewis (managing director), Tomer Aboody (founding director), Joshua Elash (founding director), Shyam Kotecha (CCO and MLRO), Ben Lawrence (CFO), Millie Dyson (brand and creative director), Scott Turnley (head of finance)
Financing status: private equity-backed
MT Finance is a London-based finance lender primarily providing auction finance services and bridging loans. It employs more than 70 people and offers quick, asset-based financial solutions. With over 16 years of service, the company has supported a wide range of individuals, property professionals, and business owners with their financing needs.
MT Finance was established in 2008, specialising in bridging loans and auction finance. By 2018, the company celebrated its 10th anniversary and moved to larger premises in Holborn to support its growth. That same year, MT Finance signed the Women in Finance Charter, promoting gender diversity.
In 2019, it secured a significant £100 million funding boost from a major global institutional investment manager. The company introduced its lowest ever loan rates in 2020 and launched regulated bridging products to meet strict compliance standards in 2021. In that same year, they introduced a new ESG policy outlining their commitments to sustainability and future environmental contributions.
MT Finance offers a variety of lending products, each designed to meet the specific needs of their clients:
bridging loans: these are available for both residential and commercial properties, offering fast funding solutions for short-term financial needs
auction finance: tailored for properties purchased at auction, allowing buyers to act quickly when time is of the essence
business funding: provides liquidity to the SME sector for stock purchases, capital growth, or new ventures
property purchase loans: aimed at landlords and property investors looking to expand their portfolios quickly
second charge loans: for borrowers needing additional funding who already have a mortgage secured against their property
light refurbishment loans: provides financing for minor property improvements that do not involve structural changes
heavy refurbishment loans: offers financial support for comprehensive renovations that involve structural changes
development finance: supports large-scale property developments, including the construction of new buildings or extensive renovations on existing properties
MT Finance positions itself as a top choice for clients by emphasising speed, service, and transparency. Their efficient processes ensure quick loan approvals and fund disbursements, prioritising client needs and building lasting relationships based on trust. These are the core values that define MT Finance's approach:
speed: ensures rapid processing and disbursement of funds, enabling clients to access necessary financial resources swiftly and efficiently
service: each loan application receives personalised attention, securing that every client's unique financial needs and circumstances are considered
transparency: commits to clear communication about loan terms and charges, ensuring there are no hidden fees
MT Finance is committed to advancing gender diversity through its adherence to the Women in Finance Charter. By joining the Charter in 2018, they pledged to improve gender balance across financial services. Specific initiatives include:
internal diversity goals: striving for gender balance in senior roles and board representation
awareness programs: promoting gender diversity awareness throughout the organisation
review of employment practices: ensuring diversity-friendly hiring and retention practices
annual salary reviews: conducting reviews to ensure equal pay across genders
employee gender ratio maintenance: aiming to maintain a balanced gender ratio within the workforce
MT Finance is dedicated to embedding ESG into their business operations, focusing on environmental sustainability, social responsibility, and corporate governance. The company’s strategy focuses on enhancing community welfare and environmental impact, with a commitment to continually refine these efforts. They aim to align their business activities with practices and goals including:
environmental action: aiming for carbon neutrality and ISO certification in environmental management
social commitments: regular updates on health and safety, employee relations, equal opportunities, customer responsibility, and community impact
governance practices: ensuring board diversity, managing risks, and maintaining high compliance and anti-corruption standards
MT Finance actively supports community initiatives, focusing on supporting the lives of seriously ill children and their families through local and broader efforts. The company has been actively involved in various charity and community events. Some notable efforts include:
Gareth Lewis has served as the managing director of MT Finance since 2018. He has held positions at Precise Mortgages, Tiuta, Cheval Property Finance, and Jim Whites Mortgage Solutions, among others. With over two decades of experience, he has gained expertise in mortgage lending, income protection, account management, and more.
Supporting Lewis in steering the company forward are several key figures, including:
Tomer Aboody, a founding director who plays a pivotal role in the company's strategic direction
Joshua Elash, also a founding director, collaborates closely with Aboody to guide the company's strategic decisions
Shyam Kotecha, as the chief compliance officer and MLRO, is responsible for ensuring that MT Finance meets all regulatory standards and compliance requirements
Millie Dyson, the brand and creative director at MT Finance, leads the company's branding and creative initiatives to enhance its market presence
Ben Lawrence, serving as CFO, oversees the financial management, strategies, and health of the company
Scott Turnley, head of finance, is responsible for managing financial operations and contributing to financial planning and budget management
MT Finance has grown into a leading property finance provider, recognised for its service and innovative offerings. In 2023, a strategic investment from J.P. Morgan has supported their expansion into the buy-to-let sector. These developments have enabled the company to gain multiple accolades for service excellence, highlighting their commitment to client satisfaction.
Recently. The company has introduced new initiatives in regulated bridging loans to meet changing market demands. Also, the company's active engagement in community and charity events has put their corporate reputation in a more positive light, aligning with broader societal values. These developments promise to enhance MT Finance's market position and ensure sustainable growth.
But lettings market continues to face challenges…
Industry figures welcome house prices increase and more enquiries
Attendees can explore sessions on market trends, specialist finance, and many other topics
Do you agree with them?
Industry reacts to the BOE rate update – do you agree?
The CPI, the HPI, the base rate decision… which shapes your view?
But uncertainty over future rate cuts and the upcoming budget is dampening optimism
Rise in bridging loans primarily driven by borrowers seeking to prevent chain breaks
It aims to respond to growing demand for bridging finance
House prices also decline
