Boost for Masthaven’s bridging drive with senior promotion

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Masthaven Bank, the specialist lender, has announced the promotion of Roz Cawood to Head of Sales for short-term lending. She will be joining Neil Molyneux, Head of Sales for short term lending, and will be responsible for leading and developing Masthaven’s network of brokers and helping to drive education around bridging finance.

Roz has a wealth of financial services experience and has been supporting Masthaven’s business development team for five years. Before joining Masthaven, Roz worked with Legal & General.

The announcement follows Masthaven’s latest Broker Beat survey which found that bridging finance was in top three biggest growth areas for lending in 2019, with 13% of brokers upbeat about its prospects. Almost a quarter of brokers (23%) said that remortgage activity is the area that’s seen the most growth in 2019 followed by later life lending (18%).

Rob Barnard, Director of Intermediaries at Masthaven, commented:

Bridging finance has become more mainstream in recent years and brokers are writing more bridging business. But as lenders, we still have an education job on our hands to help the industry understand where bridging fits. This means talking to the broker community to help them meet the needs of bridging customers.

“Roz has been helping us on this mission and her recent promotion reflects the work she has put in to help grow the bridging market, building on our partnerships with our brokers to help more customers benefit from bridging.”
About Masthaven Bank 
Masthaven launched as a retail bank in 2016 and offers award-winning saving and lending products. Prior to that, Masthaven Finance has provided a flexible and personalised approach to bridging loans and secured lending since 2004. Today, the bank’s knowledgeable and experienced specialists are committed to providing customers with flexible and fixed term savings accounts, bridging loans, development finance and mortgages.  
Masthaven was recognised as 2019’s Most Innovative Digital Retail Bank UK by CFI, the second consecutive win for the category. Masthaven won Best Second Charge Mortgage Lender in the Your Mortgage Awards 2018/19 and Customer Service of the Year in the Money Age Mortgage Awards in 2019.  
Masthaven was also awarded Best Specialist Lender in the Moneynet Personal Finance Awards 2019. Masthaven Finance has featured in 2015’s The Sunday Times’ Virgin Fast Track 100 (at number 81) and the bank ranked 240 in Financial Times’ FT1000 list published in 2017. The bank is regulated by the Financial Conduct Authority and Prudential Regulation Authority. 

Tom Reeder
Account Manager
[email protected]
07766 255 757