MT Finance says the investment marks another important milestone for the company.

MT Finance director and founder Joshua Elash says: “We look forward to welcoming this outstanding institution as a shareholder.”

“The cementing of this relationship will serve MT Finance well in the coming years as we continue to achieve our objectives of being an ESG-focused, multi-solution, financial institution.”

In June, MT Finance agreed a forward flow agreement with J.P. Morgan to support the launch of its buy-to-let (BTL) mortgage offering.

The launch into BTL follows the introduction of a regulated bridging product in 2020.

Marylen Edwards was appointed as head of BTL lending in July.