TMA Club adds Masthaven to lender panel
TMA Club has added Masthaven to its lender panel, providing its members wit Masthaven's buy-to-let and second charge mortgage ranges as well as bridging loans and development finance.
"We are really excited to be joining the TMA Club panel and expanding our specialist lending product reach."
TMA says Masthaven will become 'the first of its kind' to join its panel, as one of the few second charge lenders who accept applications directly from intermediaries as well as from master brokers.
Advisers will have access to products including Masthaven’s buy-to-let seconds range, available with variable rates up to 70% LTV and two and five-year fixed rate options up to 70% LTV. Rates start from 4.79% with a minimum property valuation of £100,000.
Rob McCoy, senior business and product manager at TMA, said: “We are committed to providing our brokers with the strongest panel available to help them meet each and every one of their clients’ needs. We’re therefore delighted to have Masthaven join the panel – their common-sense approach to lending and broad specialist lending product offering means they are able to fulfil a number of gaps in our panel.”
Matt Andrews, managing director of mortgages at Masthaven, added: “We are really excited to be joining the TMA Club panel and expanding our specialist lending product reach. TMA’s dedication to delivering the best levels of services to its DAs matches our commitment to delivering bespoke lending solutions to our customers. We look forward to working closely with TMA’s brokers and clients, so they can benefit from these flexible finance solutions too.”
Breaking news
Direct to your inbox:
More
stories
you'll love:
This week's biggest stories:
This week's biggest stories:
Santander
Santander launches 98% LTV ‘My First Mortgage’
First-time Buyer
Improved affordability sparks 20% rise in first-time buyers: NationwideÂ
Inflation
Further rate cuts dampened as inflation rebounds to 3.4%
Mortgage Rates
Two Big Six lenders increase mortgage rates as swaps rise
Bank Of England
Bank of England holds interest rates at 3.75% in narrow 5-4 vote
Interest Rates
Looser Fed policy stance could slow further rate cuts, policymakers warn