Masthaven Secured Loans from Masthaven Finance
Overview of Masthaven secured loans offerings. Learn about their flexible terms and borrower criteria.
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Spotlight on Masthaven Finance
Masthaven Finance is a prominent UK ‘challenger’ bank founded in 2005. As a company, Masthaven has built a strong reputation in the financial sector for its innovative approach and reliability.
Masthaven offers a range of secured loan products for homeowners with flexible terms designed to meet diverse borrower needs. Their solutions cater to various financial situations, making it easier for customers to access the funds they require. The Masthaven team is dedicated to providing expert support and personalised guidance to help customers find the right secured loan.
It’s known for providing flexible bridging loans, development finance, mortgages, and savings products—alongside a range of secured loan options that fit different borrowing needs, including masthaven bank secured loans, which are available with no broker fees and a competitive 4.7% APRC. The company is dedicated to offering customer-centric services and ongoing support for its customers throughout the borrowing process.
Flexible terms, tailored to you
Masthaven offer secured loans with the following terms:
- Secured loan amount: £10,000 to £300,000
- Loan term: 2 to 30 years
- Maximum LTV: Up to 75% loan-to-value available, depending on loan type and applicant circumstances
- Rate types: Fixed or variable
- Representative example: 10.75% fixed per annum (APCR: 14.99%) The total amount payable over the loan term will include the principal, interest, and any applicable fees.
- Early repayment: An early repayment charge (ERC) may apply
Specialist Secured Lending
Masthaven offers flexible secured loans for debt consolidation and people with specialist borrowing needs, including credit challenges. Homeowners are a key group eligible for Masthaven’s secured loans, which are designed to help those with unique financial situations. If you’re still weighing up your options, our main secured loans guide gives a broader picture before you look at Masthaven’s specifics. Here are the key features:
- Available on residential and buy-to-let properties
- Remortgage, unencumbered, and second charge loan options
- Suitable for complex incomes, all credit profiles (including IVAs), and non-standard homes
- Funding for debt consolidation or home improvements
- Apply via FCA-authorised brokers from Masthaven’s approved panel
Affordability checks are an important part of the application process to ensure responsible lending, and they help determine how much you can borrow based on your financial circumstances.
Bridging Finance Solutions
For those who need fast, short-term funding, Masthaven Bridging Finance offers a suite of bridging loans designed to bridge the gap between transactions or provide quick access to capital. These bridging finance solutions are ideal for property purchases, renovations, or when you need to act quickly in a competitive market. Masthaven’s bridging loans are available for both first and second charge arrangements, as well as for combined first and second charge loans, giving borrowers the flexibility to structure their finance in a way that best suits their needs.
Loan amounts range from £100,000 to £5,000,000, with a maximum LTV of 70% including rolled-up interest, making them suitable for a wide range of property types and financial situations. Whether you’re refurbishing a property, funding a new purchase before your current home sells, or need a short-term solution for business purposes, Masthaven’s bridging finance offers a fast, flexible, and reliable way to access the money you need.
Development Finance for Property Projects
Masthaven Bank’s development finance products are designed to help property developers and investors bring their residential or commercial projects to life. With a focus on flexibility and understanding complex borrower profiles, Masthaven offers development finance solutions for loans between £100,000 and £2,000,000.
The bank supports both first charge (up to 65% maximum LTV) and second charge (up to 60% maximum LTV) lending, making it possible to fund a wide range of development scenarios. Whether you’re building new homes, converting existing properties, or undertaking commercial projects, Masthaven’s development finance is tailored to your needs. Their approach takes into account your income, credit history, and the specifics of your project, ensuring you receive a funding solution that aligns with your goals. With flexible terms and a commitment to supporting property professionals, Masthaven Bank is a strong partner for your next development.
Who can apply? Masthaven’s lending criteria
Masthaven Bank stands out for its flexible and inclusive approach to secured loans, making it a strong choice for a wide range of borrowers—including those with a poor credit history or complex financial circumstances. If you’re a homeowner in England, Wales, or mainland Scotland, you could be eligible for a Masthaven Bank secured loan, provided you meet their core lending criteria.
To qualify, applicants must own a residential or buy-to-let property and be seeking a secured loan of at least £10,000, with the maximum loan amount reaching up to £750,000. Masthaven Bank offers a maximum loan-to-value (LTV) ratio of 75%, giving borrowers the opportunity to access significant funds against the value of their property. Whether you’re looking to consolidate existing debts, fund home improvements, or raise finance for business purposes, Masthaven’s secured loans are designed to be adaptable to your needs.
What sets Masthaven Bank apart is its personalised approach to lending. Each application is reviewed manually by experienced underwriters, rather than relying solely on automated systems. This means your individual circumstances—such as your credit score, income, and existing debts—are carefully considered, even if you’ve faced missed payments or have a less-than-perfect credit score. This flexibility allows Masthaven to support borrowers who may have been turned away by other lenders.
The application process is straightforward and transparent. You’ll typically need to provide recent bank statements, proof of income, identification, and details for a property valuation. Masthaven Bank does not charge broker fees, helping to keep additional costs down. Their interest rates are competitive, with an APRC from 4.7%, and a range of repayment terms lets you tailor your secured loan to your financial situation.
Masthaven Bank is committed to responsible lending, ensuring that borrowers do not take on more debt than they can afford to repay. As a regulated lender, Masthaven Bank Limited (registration number 09660012) is authorised by the Prudential Regulation Authority and regulated by both the Financial Conduct Authority and the Prudential Regulation Authority. With its headquarters in London, Masthaven offers a comprehensive range of financial products—including bridging loans, development finance, and mortgages—making it a trusted choice for borrowers seeking a flexible, personalised secured loan solution.
Understanding Credit Score and Interest Rates
When applying for secured loans, your credit score is an important factor, but it’s not the only one Masthaven Bank considers. The bank’s personalised approach to lending means they look at your overall financial situation, including your income and existing debts, to determine the most suitable interest rate for you. Masthaven offers a competitive interest rate of 4.7% APRC on secured loans, making borrowing more accessible—even for those with poor credit. By focusing on the bigger picture, Masthaven is able to provide fair and transparent interest rates that reflect your unique circumstances. Understanding how your credit score affects your loan options and interest rates is essential for making informed borrowing decisions. With Masthaven Bank, you benefit from a lender that values your individual situation and strives to offer affordable, manageable solutions for your debt consolidation or other financial needs.
Loan Application and Approval Process
Applying for a secured loan with Masthaven Bank is designed to be as straightforward and stress-free as possible. You can start your application online or through a trusted broker, providing essential documents such as bank statements, proof of income, and identification. Masthaven’s experienced underwriters carefully review each application, taking into account your credit profile, income, and overall financial position. As part of the process, a property valuation is typically arranged by your broker, and you should be aware of potential additional costs such as product and valuation fees.
Thanks to Masthaven’s flexible terms and personalised approach, you’ll receive a loan offer tailored to your needs—whether you’re consolidating debt, funding a project, or covering business expenses. The bank’s efficient application process ensures you get a decision quickly, so you can move forward with confidence knowing your finance solution is in expert hands.
Summing up
Masthaven’s secured loans support those with complex incomes and poor credit, whether you’re looking to consolidate debt or make home improvements. For a wider look at how this type of borrowing works across lenders, check our.
Masthaven places a strong emphasis on customer service, ensuring that each customer receives tailored support throughout the process. All applications are handled through intermediaries, specifically FCA-authorised brokers from Masthaven’s approved panel, for a responsible and tailored borrowing experience. Masthaven or its brokers can also arrange follow-up actions, such as scheduling a callback, to promptly address any customer queries or concerns.
For a wider look at how this type of borrowing works across lenders, check our secured loans overview. All applications are handled through FCA-authorised brokers from Masthaven’s approved panel, for a responsible and tailored borrowing experience.
Frequently Asked Questions: Secured Loans
Will my property be valued for a Masthaven loan?
Since Masthaven loans must be secured against owner-occupied homes in England, Wales, or mainland Scotland, a mortgage valuation may be needed. This will be arranged by your broker, who will also inform you if a fee applies.
Are there any additional costs to be aware of?
Yes, there may be extra costs not included in the loan example, depending on the specific broker and loan. These may include product and valuation fees, as well as charges for returned direct debits and monthly management. Full details can be found in Masthaven's Tariff of Charges sheet.
How do I make my loan repayments?
All loan repayments on a Masthaven loan must be made by direct debit on a monthly basis for the duration of the loan term.
What happens if I don't keep up with my loan payments?
Masthaven believe in the fair treatment of customers and will always work towards a solution if you miss payments. As with any secured loan, however, as a last resort, your home may be repossessed to recover the debt.
Can I repay my Masthaven loan early?
Yes, you can make overpayments or repay your Masthaven loan in full at any time. An early repayment charge (ERC) may apply, but fees will be explained beforehand.
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The details shown are for illustration only and may not include all lenders or products. Actual rates and terms depend on your circumstances and the lender’s assessment. Information was correct at publication but may change at any time.
