You are here: Home - News -

Masthaven increases maximum loan amounts

  • 12/05/2020
  • 0
Masthaven increases maximum loan amounts
Masthaven has increased the maximum loan amounts on its fee-free remortgages.


The lender launched the products last month with a maximum loan to value of 65 per cent and maximum loan value of £250,000.

However, following intermediary feedback it has now increased the maximum loan allowed to £350,000.

The first charge residential deals are available as two-year and five-year fixes at 3.59 per cent and 3.99 per cent respectively.

The changes come as a result of increasing the scope of its automated valuation models (AVMs) which it has begun using in response to the coronavirus restrictions.


There are 0 Comment(s)

You may also be interested in

Read previous post:
Furlough scheme extended until end of October

The UK’s Job Retention Scheme has been extended for four months until the end of October, chancellor Rishi Sunak has...