Masthaven completes £458,000 second charge

The deal was arranged by packager Intelligent Loans.

Masthaven completes £458,000 second charge

Masthaven has completes its largest second charge mortgage loan at nearly £458,000.

The deal was arranged by packager Intelligent Loans.

Jon Sturgess, head of sales at Masthaven, said: “Intelligent Loans came to Masthaven to discuss a large loan case that they were looking to place.

“Having previously worked with them on similar loans we were able to work together to deliver the best outcome for the customer.

“With loans of this size, it can sometimes be a challenge to understand the full complexity of the case, and so our underwriting team worked closely with the team at Intelligent Loans to overcome this aspect. The end result was a delighted customer.”

Alun Winter, director at Intelligent Loans, said: “Masthaven seems certain to play an important part in Intelligent Loans’ growth plans; and remains an increasingly important member of our lender panel.”