Masthaven Bridging Finance has expanded its bridging proposition in Scotland.

The lender has increased its lending appetite in Scotland to allow for commercial bridging, second charge bridging on residential property and renovation and refurbishment projects.

This is on top of its FCA regulated and non-regulated first charge lending.

Richard Deacon, sales and marketing director at Masthaven Bridging Finance, said: “Masthaven have been lending in Scotland for nearly a year now and we are confident of both the geographical areas we are lending in, and the housing market itself.

“As an FCA regulated lender, we are one of very few who lend in Scotland on both a regulated and non regulated basis. Every deal needs to be looked at on its own merits, and whilst we are not going to lend everywhere, we will always look to see why we can do the deal as opposed to why we cannot.

“It’s exciting times at Masthaven, we have just moved into bigger offices to cope with our increased proposition, which ties in nicely with our expansion into Scotland.”