Tag: Masthaven Bank
Under the terms of the latest agreement, the comprehensive VAS Panel database will be used on all commercial loan security valuations to ensure the most relevant third-party RICS-qualified surveyors are instructed based on location, deal type and value.
Bloom said: “We’re in a tough market with a number of mortgage lenders withdrawing from the market. When it’s more difficult to get traditional finance, people turn to alternatives and bridging comes into its own so brokers should definitely add this to their toolkit.”
To grow the market they called for more product innovation and education so more brokers see seconds as an option for clients.
Quinn joins from Secure Trust Bank where he was BDM for the bank’s central region. Prior to this, he was BDM at West Bromwich Building Society. Quinn is replacing Harriet Smith who recently joined Crystal Specialist Finance.
The intermediary only lender has linked up with Dock9 to help it meet its growth ambitions.
It is understood that Barnard is looking after new business, with Masthaven sales director Richard Deacon taking responsibility for bridging.
Specialist bank Masthaven has will be supporting homelessness charity, Depaul UK and has already raised over £3,000 to support people aged 16 –25 who are homeless and to help change the lives of those affected by it.
From today, Paradigm member firms will be able to access Masthaven’s range of first and second-charge mortgage products with an array of unique criteria for both mainstream and specialist borrowe
These include David Kennedy, lending operations director, previously director of operations at Shawbrook Bank, Mark Evans, product director, previously head of product management at Shawbrook Bank and Baris Aksoy, data protection officer, previously an information governance subject matter expert at the NHS.
Masthaven Bank has won the CFI Most Innovative Digital Retail Bank UK 2018 award, noting its processes, direct customer communication and online banking.