MT Finance has been announced as the latest full member to join the Intermediary Mortgage Lenders Association (IMLA).

The addition takes IMLA’s combined total of members to 69 firms, comprised of 53 full members and 16 associate members.

MT Finance is a property finance lender specialising in loans on both a first and second charge basis. Since starting operations as a bridging lender in 2008, it has served property professionals, business owners and individuals, offering short-term loans at speed. It launched a buy-to-let (BTL) proposition in July 2022.

As a full member, MT Finance will join the ranks of lenders comprising over 90% of gross UK mortgage lending, with IMLA representing their voice to regulators, the government and beyond.

IMLA executive director, Kate Davies, commented: “We’re delighted to welcome MT Finance as the latest full member of IMLA. As a provider of specialist lending across first and second charge mortgages, they can bring a distinct perspective to our discussions, including how we tackle some of the challenges facing the mortgage market today. We look forward to working together.”

MT Finance will be represented at IMLA meetings by head of lending, BTL at the firm, Marylen Edwards.

She added: “It’s a pleasure to join the ranks of IMLA as a full member. [This year] poses a range of macroeconomic challenges for the mortgage market, making collaboration between lenders to address these issues all the more vital.

“We are really looking forward to contributing to the discussions held by IMLA over the coming year, bringing our own expertise in the specialist lending space to the table.”

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