MT Finance launches commercial mortgage business with £2.5bn JP Morgan backing

The firm has said the commercial mortgage business aims to provide competitively priced comprehensive solutions covering a broad spectrum of commercial real estate offerings.

The news follows the promotion of Gareth Lewis to deputy CEO at the firm, just last week.

Commenting on the launch, Marylen Edwards, director of mortgages at MT Finance(pictured above), said: "The launch of our commercial mortgage business marks an exciting new chapter in MT Finance’s growth journey.

“We've identified a clear opportunity, in an underserviced sector, where demand remains strong.

"We recognise the vital role flexible financing plays in the success of this businesses."

Gareth added, "We have been gearing up for this moment for a while.  With the continued support of JP Morgan, we are perfectly positioned to take advantage of the very clear opportunity in the commercial real estate market and to provide much needed flexible funding options to the market.

“We look forward to working closely with our existing partners and new ones in the coming weeks as we roll out this exciting new business.”