Masthaven to accept AVMs in range rehaul

Masthaven Secured Loans has announced significant changes to its product range, including slashing rates and accepting an automated valuation model.

Related topics:  Specialist Lending
Amy Loddington
16th February 2015
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The product overhaul will see rates reduced on every product with a minimum reduction of 0.5%, rising to 1.2% on its higher LTV products. In addition, AVM data will now be acceptable on residential properties subject to satisfactory confidence levels and LTV thresholds being met.

Neil Molyneux, Head of Sales & Marketing at Masthaven Secured Loans commented,

“This revamping of our range is not only aboutsignificant rate reductions, but also incorporates important technological enhancements to help speed up the application process for brokers and their clients."

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