Masthaven Secured Loans (MSL) has revamped its range of secured loans, first charge residential and buy-to-let mortgages.

It has made 37 rate reductions across the range, up to 1.6 percentage points on variable rates and up to 2.0 percentage ponits on fixed rates.

The lender has also increased maximum loan sizes to £200,000 on prime plans with larger loans being considered on a referral basis.

In addition, the minimum lender fee has been reduced to £595.

Jon Sturgess, head of sales, secured lending at MSL, said: “I am delighted to be able to announce these enhancements to our proposition.

“Introducers to Masthaven have been delighted with the recent changes we have made and these latest moves are just part of the good news story we will be bringing to the market as Masthaven moves towards becoming a retail bank.”