Masthaven joins TRM panel to widen access to bridging finance

Published on

The Right Mortgage & Protection Network has added Masthaven Finance to its lender panel, broadening the short-term funding options available to advisers across the network.

The lender, which provides both regulated and unregulated bridging loans, will offer its full product range to TRM member firms. Masthaven focuses on a broad variety of cases, from complex credit and heavy refurbishment through to developer exits and commercial bridging. Its loans range from £50,000 to £3 million, with higher sums available by referral, and are offered at up to 75% LTV.

The expansion gives advisers access to first- and second-charge options across England, Wales and mainland Scotland, together with facilities for light and heavy refurbishment, including drawdowns.

Masthaven applies no exit fees across its product set and assigns an individual underwriter to every case. Rates begin at 0.79% for regulated and unregulated bridging, with credit-backed terms available before full application.

Victoria Clark, Head of Lending at TRMVictoria Clark, head of lending at the Right Mortgage & Protection Network, said:“Masthaven’s commitment to doing business the right way with open communication and consistent delivery makes them a natural fit for us and our member firms.”

She added that the lender’s experience across the bridging sector, including its approach to more complex cases, would “provide our advisers with even greater flexibility when supporting clients with short-term funding needs”.

Jim Baker, sales director for bridging and development at Masthaven, added: “We’re very pleased to be partnering with The Right Mortgage & Protection Network.”

He said the lender’s focus on trusted relationships and transparent lending remained central to its approach.“We’re looking forward to supporting TRM’s member firms and advisers with our fast, flexible, and dependable finance products.”

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

Target Group launches staff AI programme for regulated finance

Target Group has launched an AI Champion programme to encourage the responsible use of...

Employment history rises up brokers’ mortgage search agenda

Employment history became a more pressing concern for mortgage brokers in July as changing...

Half of homes taking longer to sell as regional divide widens

Homes in almost half of Great Britain’s local authority areas are taking longer to...

The uncomfortable truth about the later life lending market

The headlines around the latest Equity Release Council figures released this month all suggested...

Revived Help to Buy would inflate prices: Lamdin

Restoring Help to Buy would strengthen developers’ sales without solving the underlying affordability crisis...

Latest publication

Other news

Target Group launches staff AI programme for regulated finance

Target Group has launched an AI Champion programme to encourage the responsible use of...

Employment history rises up brokers’ mortgage search agenda

Employment history became a more pressing concern for mortgage brokers in July as changing...

Half of homes taking longer to sell as regional divide widens

Homes in almost half of Great Britain’s local authority areas are taking longer to...