Masthaven cuts bridging rates and offers refurbishment loan up to £2m – Mortgage Solutions

Your home, provided as security for the loan, may be repossessed if you do not keep up with payments Second Charge – Residential Providing additional funding without affecting a current first charge mortgage, we can provide second charge residential mortgages from 10,000 to 750,000, for up to 35 years.

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Masthaven moves into specialist residential mortgage market By Joanne Atkin in Company news , Specialist lending 30th June 2017 0 New retail bank Masthaven has entered the residential mortgage market with a new range of products developed to meet the needs of borrowers who have more complex requirements.

Home Lenders Masthaven Bank Limited. If you are looking to acquire funds for a commercial or residential development project then the team at Masthaven Bank offer a superb choice of borrowing products – ranging from short term bridging loans through to residential and commercial mortgages at very attractive rates.

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The year-on-year rise in domestic mortgage approval rates for the three months to the end of April, with approvals jumping 9.5% in April, accounting for 931m of new loans approved for that month alone.

We may monitor and record calls to ensure we have carried out instructions correctly, to help us improve our service, to enable us to resolve complaints and to help investigate or to prevent fraud or other crimes. All recordings remain the property of Masthaven Bank. This site is for the use of Masthaven Bank’s regulated intermediary partners only.

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Masthaven has completed its largest second-charge mortgage. The loan, for 457,885, has been arranged with Intelligent Loans. Commenting on the completion, Jon Sturgess, pictured, Head of Sales at Masthaven, said: "Intelligent Loans came to Masthaven to discuss a large loan case that they were looking to place.

Masthaven has reduced the rates it offers on its first charge bridging products to its selected panel of premier partners. The revised rates are now 0.49% up to 40% LTV and 0.54% up to 50% LTV. Commenting on the rate change, Richard Deacon, Sales & Marketing Director at Masthaven said: "Becoming a bank last year.