Masthaven reduces rates across secured range by up to 0.80%

The company successfully launched into the market late last year, and extended its products into Scotland last week. The announced improvements include enhancements to every Plan they offer and include:

- Rate reductions of up to 0.80%

- BTL rates now as low as 11.75%

- Increases in maximum loan amounts

- Loan maximum on BTL increased to £80,000

Masthaven also announced that they would soon be launching developments to their Web Portal.

Stuart Aitken, Chief Operating Officer, Masthaven Secured Loans said:

"We have been delighted by the response from the market since our launch, and can now repay some of that trust in our ability to deliver by extensively enhancing our product range. These developments clearly demonstrate that MSL aims to be a substantial provider of secured loans to the market, and we look forward to building great relationships with our broker partners through what promises to be a very positive 2013."