TMA Club has welcomed Masthaven, the specialist lending bank, to its lender panel to provide a broad range of products to its members.
This includes buy-to-let and second charge mortgages, as well as development finance and bridging loans. Masthaven – being one of the few second charge lenders accepting applications directly from intermediaries and master brokers – will become the first of its kind to join TMA’s panel.
Advisers will be able to access Masthaven’s buy-to-let seconds range, available with variable rates up to 70% loan-to-value (LTV) and two and five-year fixed rate options up to 70% LTV. Rates start from 4.79% with a minimum property valuation of £100,000.
It will also complement TMA’s current bridging panel with its bridging and development offering.
Rob McCoy, senior business and product manage at TMA, said Masthaven’s common-sense approach to lending and broad specialist lending product offering means they are able to fulfil a number of gaps in TMA’s panel.
Matt Andrews, managing director of mortgages at Masthaven, added: “TMA’s dedication to delivering the best levels of services 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.”