This compliments its existing lending on FCA regulated and non regulated first charge lending.
Richard Deacon, sales and marketing director, said: “Masthaven has been lending in Scotland for nearly a year now and we are confident of both the geographical areas we are lending in and the housing market itself.
“As an FCA regulated lender we are one of very few who lend in Scotland on both a regulated and non regulated basis.”
Deacon said that while Masthaven is not going to lend in every part of Scotland deals will be looked at on their individual merits with an open minded attitude.
He added: “It’s exciting times at Masthaven. We have just moved into bigger offices to cope with our increased proposition which ties in nicely with our expansion into Scotland.”