Masthaven Bank is spreading the love this Valentine’s Day with a new bridging product specifically focusing on larger loans. Offering partner brokers an attractive commission, access to award winning underwriting team, some of the lowest rates in the market plus the ability to do bespoke pricing on certain deals, the bank’s new ‘Bridging Plus’ product will be a market leader and its biggest product this year.
James Bloom, Masthaven’s Managing Director of short-term lending, talks us through the proposition.
Love is positively in the air. It’s by no happy coincidence that our new bridging loan product, Bridging Plus, is launching on Valentine’s Day. We’re using the annual Feast of Saint Valentine as an opportunity to celebrate our relationship with our premier partners by offering a special product that’s just for them.
Bridging Plus will be our biggest bridging product launch this year and a priority focus for us as we move through 2018. An enhanced broker commission and access to one of the best underwriting teams in the country, who’ll work hard to fast-track your cases.
Bridging Plus represents a significant step forward for Masthaven. In a nutshell:
- We’re focusing on larger loans (£750,000 up to £5 million)
- Attractive broker commission
- Flexible pricing matrix on monthly rates
- Exclusively for our premier partners
- Supported by our award winning underwriting team
Why Bridging Plus?
After listening to our brokers, we now know there’s an appetite for larger loan products so we have designed a new product specifically to meet the needs of the market. We are aware of the ever-increasing demand in the market for the larger cases and we now have a real focus on these cases within Masthaven.
Bridging loans are seen as being niche and specialist. In fact, they’re increasingly moving into the mainstream, which is why we’re making them a big part of what we do. Today, everyone from homeowners to landlords are using bridging finance and I’m confident Bridging Plus will prove an asset to them
Fast-track underwriting team
I will personally be involved in all of these custom bridging cases, ably supported by our first-rate underwriting team. The heart and soul of all our cases, they will be a big part of this exciting new product. We will have our most senior underwriters, capable of handling large, complex cases, on every single job.
Our team has already proven it can do quick turnaround, completing a bridging loan in 48 hours just last month. As you will know, in bridging cases time is key. It’s crucial these deals are approved and executed quickly – and we’ve absolutely got the team to do it.
With attractive commission, priority for our key partners, market-leading rates and a bespoke support service, we’re proud to share Bridging Plus with you this Valentine’s Day. To speak to us about a case, email us on [email protected] or give one of our team a ring.