diff --git a/package/mtools/mtools.mk b/package/mtools/mtools.mk
index 864932507e..9dc72f3b86 100644
--- a/package/mtools/mtools.mk
+++ b/package/mtools/mtools.mk
@@ -16,7 +16,12 @@ MTOOLS_CONF_OPT = --without-x
 ifeq ($(BR2_PACKAGE_LIBICONV),y)
 MTOOLS_DEPENDENCIES += libiconv
 MTOOLS_CONF_ENV += LIBS=-liconv
+# We have no host dependencies
+HOST_MTOOLS_DEPENDENCIES =
 endif
 
+# Package does not build in parallel due to improper make rules
+MTOOLS_MAKE = $(MAKE1)
+
 $(eval $(autotools-package))
 $(eval $(host-autotools-package))