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Masthaven

Digital technology with a human touch.

BridgingDevelopmentFCA regulatedLends on Land

Max LTV

75%

Interest from

0.79% pcm

Loan size

£50,000–£3m (higher by referral)

Term

1–18 months

Charges

1st and 2nd

Areas

England, Wales and Scotland (mainland)

Who they are

Brokers tell us they want a lender who means what they say on day one – and that’s exactly how we operate. We can provide more than “indicative terms.” Our credit team can also assess your case before we issue a term sheet – so, when you present it to your client, you can do so with total conviction because it’s already backed by a commitment from us. Our underwriters are directly accessible, and decisions are made by experienced people. We’re also open to reviewing cases early before full packaging, to provide more certainty when it matters.

Their ethos

We believe in honest conversations and keeping our word because that’s exactly how trust is built. For over 20 years, we have shown that reliability is about people you can always reach and promises you can count on. You can pick up the phone to anyone here and know you will get a straight answer from the start. We have grown with the market, adapted with the times but have never changed what matters most: trusted people making trusted decisions, and delivering loans exactly as promised. That’s the Masthaven way. It always has been.

What they specialise in

Masthaven Finance offers specialist lending across England, Scotland and Wales. From regulated and unregulated bridging (first and second charge) to complex credit, heavy refurb with drawdowns, developer exit, commercial bridging, mortgages, secured loans and both regulated and non-regulated development finance.

Meet the team

Jim Baker

Sales Director – Bridging & Development

jim.baker@masthaven.co.uk

Chris Parr

Head of Sales – Midlands, North & Scotland

chris.parr@masthaven.co.uk

Ginny Warby

Senior BDM – South East & London

ginny.warby@masthaven.co.uk

Josh Hawker

Senior BDM – South West & South Wales

josh.hawker@masthaven.co.uk

Contact

Academic House, 24–28 Oval Road, London, NW1 7DJ

bridging@masthaven.co.uk

Lending criteria

Funding model
Institutional bank funding, mezzanine investors, shareholders and private equity
FCA regulated
Yes
Fixed/variable interest
Fixed
Treatment of interest & default interest
Rolled for regulated; retained for non-regulated. Extension fee is 1.5%. Interest on a non-regulated case would revert to rolled-up interest in an extension as no longer retained
Sectors
Residential, development and commercial
Max LTGDV
70%
Max LTC
100%
Min property value
£100,000 (lower by referral)
Valuation retypes
Yes (by referral)
Rental calculations & exposure
N/A
Types of valuation accepted
AVMs, Red Book, OMV and retypes (by referral)
New builds
Yes
Heavy refurb
Yes
Grade listed buildings
Grade II; Grade I (by referral)
Green/sustainable product
No
Planning permission needed
By referral
Commission rate
Up to 2% of net
Associations/charters
BDLA and NACFB
Types of landlords accepted
Limited company, individual, first-time and portfolio
Upfront fees
Valuation and legal fees only
Broker portal
No
Early redemption charges
No
Investment
Yes
Owner occupied
Yes
Electronic signatures accepted
Yes
Lending on land
Yes (by referral)

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Lender information courtesy of The Lender Index by Bridging & Commercial.

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