Masthaven Bank have released a product update for intermediaries. To view their products at a glance click here, or here for their full product guide.
Important product changes
Reduced Interest Rates and Improved Criteria
In Summary, Masthaven have reduced interest rates on all products covering 1st charges, secured loans & BTL/CBTL.
Cheapest interest rate 7.90%!
- Rate reductions across all products
- LTV enhancements – from 80 to 85% on Prestige 0 and Prestige 1
- Increased LTV on our lowest priced residential products – from 65% to 70%
- Criteria update – Retained profit considered on self-employment
Please find attached our latest Residential & BTL 1st & 2nd Product Guide for ease.