Matthew Arena, managing director of Brilliant Solutions, said: ”The second charge market continues to grow in 2012 and Masthaven is an exciting new lender in the market, whose products will only help continue the upward trend of demand for secured loans, and I wish Stuart Aitken and his team every success.”

Stuart Aitken, chief operating officer of Masthaven Secured Loans added: “Brilliant Solutions has been instrumental in helping us to thoroughly test our systems, products and processes, and Masthaven Secured Loans is delighted to be working with the team at Brilliant to provide new secured loan products to the intermediary market.”

Masthaven launched its first product range via national loans packager, V Loans.