MUFB Mortgages
Quick and straightforward First and Second Charge Multi Unit Freehold Block (MUFBs) Mortgages
- Loans from £10,000 - £500,000
- Mortgage Term: 3 –30 years
- Adverse credit considered
- Automated valuations (AVM) accepted
- Funds possible in 48 hours
Why choose Mercantile Trust?
With our common sense approach to lending, we offer flexible and quick solutions tailored to your needs.
What is a MUFB Mortgage?
A Multi-Unit Freehold Block (MUFB) Mortgage is a type of loan tailored for individuals or businesses looking to purchase multiple self-contained units within a single freehold building. This mortgage enables the buyer to finance the acquisition, using the entire property as security for the loan.
MUFB Mortgages criteria
- Nationwide Coverage: Available for properties across England, Scotland, Wales, and Northern Ireland
- Competitive LTV: Borrow up to 75% loan-to-value (LTV)
- Loan Sizes: Borrow from £10,000 to £500,000
- Mortgage terms: Available from 36 to 360 months
- Age eligibility: Applicants must be at least 18 years old
- Diverse Property Types: Most construction types accepted
- Landlord-Friendly Terms: No minimum income required for existing landlords
- Flexible Repayment: Interest only or capital repayment options
- Product options: Various fixed rate options available, including a 5 year fixed rate with no early repayment charges
Application process
1
Submit your enquiry
2
Receive an initial lending decision
3
Property valuation instructed
4
Legal work completed
5
Funds released
Ready to get started?
We are here for anyone who needs flexible and tailored loan solutions. Whether you have complex income, have imperfect credit, are employed or self-employed, or need faster access to funds than a high street lender can offer — we’re here to help.
Let’s discuss how we can help your next investment. Speak to an expert.