Masthaven Secured Loans (MSL) has launched a new range of three-year fixed rates across its secured loan and buy-to-let products.

The products cover residential and buy-to-let secured loans and also first charge buy-to-let.

The new three-year fixed rates are 7.90% to 60% LTV; 8.20% to 70% LTV and 9.20% to 75% LTV

The lender has also announced a reduction of 0.5 percentage points in its lender fee to 2%.

Jon Sturgess, head of sales, secured lending at Masthaven Secured Loans, said: “These new products further demonstrate the importance we place on giving brokers the maximum amount of choice for their clients.

“Also, our reduced lender fee demonstrates our commitment to providing maximum client benefit by a continual review of all costs and charges. I am delighted we are able to pass those savings on to our brokers’ customers.”