TMA Club has added specialist lending bank, Masthaven to its lender panel, providing its members access to a broad range of products, including buy-to-let, second charge mortgages, bridging loans and development finance.
As one of the few second charge lenders which accepts applications directly from intermediaries as well as from master brokers, Masthaven will become the first of its kind to join TMA’s panel.
Rob McCoy, senior business and product manager at TMA, said: “We are committed to providing our brokers with the strongest panel available to help them meet each and every one of their clients’ needs.
“We’re therefore delighted to have Masthaven join the panel – their common-sense approach to lending and broad specialist lending product offering means they are able to fulfil a number of gaps in our panel.”
Advisers will have access to products including Masthaven’s buy-to-let seconds range, available with variable rates up to 70% LTV and 2 and 5-year fixed rate options up to 70% LTV. Rates start from 4.79% with a minimum property valuation of £100,000.
Masthaven’s bridging and development offering will also complement TMA’s current bridging panel.
Matt Andrews, managing director of Mortgages at Masthaven, said: “We are really excited to be joining the TMA Club panel and expanding our specialist lending product reach.
“TMA’s dedication to delivering the best levels of services to its DAs matches our commitment to delivering bespoke lending solutions to our customers. We look forward to working closely with TMA’s brokers and clients, so they can benefit from these flexible finance solutions too.”