Masthaven launches fees-free remortgage range

Ryan Fowler

April 28, 2020

Masthaven Bank has launched a fees-free remortgage range on its first charge residential 2-year and 5-year fixed remortgage products.

Masthaven has released the limited-edition products in response to continued demand for remortgages, particularly for fees-free ranges, during the coronavirus outbreak.

Rob Barnard (pictured), director of intermediaries at Masthaven, said: “Many homeowners are approaching the end of their current mortgage scheme and are beginning to explore their options.

“Brokers are working to support that process, and Masthaven is supporting homeowners and intermediaries with this new range of fees-free products.

“At Masthaven, we are working to respond positively to changes in the market and these new products follow the launch of our new bridging valuation options earlier this month.

“We are doing all we can to support our broker partners as we trade together through this challenging time.”

The products include no standard legal fees, lender fee, application fee and a free valuation.

Masthaven has also confirmed it is accepting automated valuation models (AVMs), rather than physical property inspections, on its new products where possible.

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