The lender, who recently won the award for the Best Bridging Proposition at the coveted Bridging & Commercial award ceremony has increased its lending appetite in Scotland to allow for the following:
- Commercial bridging
- Second charge bridging on residential property
- Renovation and refurbishment projects
This compliments the already strong lending on FCA regulated and non regulated 1st charge lending.
Richard Deacon, Sales & Marketing Director said of the expansion:
“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.”
