MT Finance Group has agreed an increase of £1bn to its financing agreement with JP Morgan bringing the total size of the forward flow to £2.5bn.

The initial agreement was set up in July 2022 to support the launch of MT Finance’s buy-to-let mortgage offering.

This latest agreement will enable MT Finance to further expand its buy-to-let mortgage offering and to continue developing its specialist lending proposition.

MT Finance was established in 2008 by co-founders Joshua Elash and Tomer Aboody.