Masthaven to accept AVMs in range rehaul
Masthaven Secured Loans has announced significant changes to its product range, including slashing rates and accepting an automated valuation model.
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The product overhaul will see rates reduced on every product with a minimum reduction of 0.5%, rising to 1.2% on its higher LTV products. In addition, AVM data will now be acceptable on residential properties subject to satisfactory confidence levels and LTV thresholds being met.
Neil Molyneux, Head of Sales & Marketing at Masthaven Secured Loans commented,
“This revamping of our range is not only aboutsignificant rate reductions, but also incorporates important technological enhancements to help speed up the application process for brokers and their clients."
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