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Masthaven Bank provide high-speed finance for a wide variety of purposes, and emphasise their commitment to personal service for every customer.
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Developing a range of financial products requires a deep understanding of the market, and also of customer requirements. In the bridging finance sector loans may be needed for many different applications, and it’s imperative that a lender can meet their client’s needs; otherwise, it will struggle to be successful. Masthaven Bank has proven to be a market-leading lender, and offer a wide range of financial solutions that can be used to meet many different needs, from groundbreaking development finance to residential first or second charge lending. Masthaven also provides regulated loans, which allows them to finance owner-occupiers for chain-breaking and refurbishment purposes.
Where Masthaven stands head and shoulders above the crowds is in their ability to put customers first, and the bridging finance they provide typically allows borrowers to “roll up” their interest, deferring payment until the loan term expires. This provides borrowers with the facility to expand quickly and decisively, breaking free from the confines of their cash flow to seize opportunities as they become available. This is invaluable in the current marketplace, where investors must act quickly in order to achieve success. The speed and reliability of Masthaven Bank makes them a top choice for borrowers of all types.
Your key contacts at Masthaven Bank
Masthaven Bank
11 Soho Street
London
W1D 3AD
+44 207 036 2000
masthaven.co.uk
A bridging loan is a short-term loan secured against property. It allows you or your business to “bridge a gap” until either longer-term finance can be arranged, or the underlying security or other assets can be sold.
Bridging loans can be used for a wide variety of purposes. Perhaps the most common purpose is to allow you to buy a new home or business premises before you have sold your existing property. They can also be used by investors to buy property at auction, landlords to acquire buy-to-lets, developers to acquire and renovate properties and businesses to raise working capital. There are a myriad of different uses and Bridging.com can help to find the best loan for you.
Loans generally range from £10,000 to £50M with smaller or larger amounts provided on an exceptional basis. The value and equity within the property or properties you are securing against will determine how much you can borrow. The maximum loan to value (LTV) currently offered by most lenders ranges between 65-80%
In general most bridging loans will fall between 0.5% and 1.5% per month although occasionally they can be either slightly cheaper or slightly more expensive. Each loan is priced on risk with particular attention paid to the property, its location and the strength of your exit strategy.
Bridging.com can help you secure a bridging loan tailored to your own unique circumstances in a matter of days. We can guide you through the entire process from initial enquiry to funds being released in the shortest possible timeframe.