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The Association of Short Term Lenders (ASTL) has appointed two new members to its executive board. Shawbrook Bank’s Gavin Seaholme and Greymax’s Alan Margolis were elected by members from a record number of candidates and votes. In addition, Ray Cohen from Jackson Cohen has been re-elected as an associate member. The
The Association of Short Term Lenders has elected three new members to its board. The new members are Glenhawk sales director Jamie Pritchard, Avamore Capital head of operations & marketing Sabinda Robinson-Sandhu and United Trust Bank chief commercial officer Mark Stokes. The trio took up their posts last
Masthaven Bank has made a series of changes to its bridging products, including rate cuts. The starting rate on the lender’s core bridging product is now 0.43%, down from 0.48%, making it the lowest rate Masthaven has ever offered. Alongside this, it is offering a re-bridging option on this loan again, too. Within
Masthaven Bank has launched its lowest ever bridging rate as well as introduced re-bridging on its core product range. Rates on the bank’s core bridging product now start at 0.43% (cut from 0.48%),with re-bridging also available on this deal. The bank continues to offer this re-bridging option on its specialist bridging products as well, which are specifically designed for more complex cases or customers who have a recent adverse credit history. Masthaven has also made criteria changes to its Mini Bridge range. Multiple properties are now accepted on Mini Bridge, which allows for loans bet...
Masthaven expands bridging range By Roger Baird 24 th February 2021 11:57 am Masthaven has added new mini bridge and refurbishment products to its bridging range to “provide more options for brokers and customers”. The challenger bank says its mini bridge product caters for loans between £200,000 and £300,000, and is “designed for smaller straightforward loans where time is of the essence”. It continues to offer standard bridging products for loans over £300,000, as well as its specialist bridging products, which are specifically designed for more comple...