At MT Finance, we believe these shouldn’t result in a ‘no’. By looking at the bigger picture and working with the right information, we find solutions for your clients' needs.

We recently supported a first-time investor whose background check flagged 1 unsatisfied CCJ, valued at £3,000 from 6 months ago. As a lender with a common-sense approach, we understand that life happens, and we work through complexities to turn difficult cases into completions.

The deal at a glance:

• Loan: £600,000 at 75% LTV (plus fees)
• Asset: Vacant warehouse (storage use)
• Borrower: First-time investor (personal name)
• Terms: 10-year interest-only

Why this case worked:

• No experience required: We don’t demand a history of commercial property ownership, the client qualifies if they meet our £15,000 minimum earned background income requirement.
• Flexible credit: We accepted the client’s single, unsatisfied CCJ, as we can accommodate CCJs up to £5,000.
• Asset type: We are comfortable with vacant assets, subject to a 'to be let within 3 months' condition.
• Pragmatic underwriting: We calculated the 125% ICR based on the valuer’s forecasted rental income and based our LTV on the Open Market Vacant Possession value.
• Flexible terms: We accommodated a 10-year interest-only structure to align with the client’s cash flow objectives.

Do you have a commercial case on your desk where experience or minor credit history is creating a bottleneck? We pride ourselves on direct access to decision-makers and a fast, transparent process. Get in touch today.