Masthaven to enter secured loans market

Launching this spring, Masthaven Secured Loans will be offering 2nd charge loans from £5,000 to £100,000. Their aim is to enter what is still a relatively subdued market and gain market share by offering competitively priced products to clients who are in need of this type of lending.

Heading up Masthaven Secured Loans is the company’s new Chief Operating Officer Stuart Aitken. Stuart recently joined Masthaven from Exogene Ltd but is better known for his time as Chief Operating Officer of Concert Mortgages and Director of Credit at Southern Pacific Mortgage Ltd.

Andrew Bloom, Managing Director of Masthaven commented:

“I am delighted that Stuart has agreed to join Masthaven, his experience and expertise will greatly enhance Masthaven’s entrance into the secured loan market."

Stuart Aitkin comments:

“I am thrilled to have this exciting opportunity to build a new secured lender founded on Masthaven’s excellent existing reputation.”