Masthaven to enter secured loans market
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Masthaven is set to launch a secured loans arm in the coming months.
Masthaven Secured Loans will launch this spring to offer second charge loans from £5,000 to £100,000.
Heading up the division is the firm’s new chief operating officer Stuart Aitken.
Aitken recently joined Masthaven from Exogene Ltd and his previous roles include chief operating officer of Concert Mortgages and director of credit at Southern Pacific Mortgage Ltd.
Andrew Bloom, managing director of Masthaven, says: “I am delighted that Stuart has agreed to join Masthaven. His experience and expertise will greatly enhance Masthaven’s entrance into the secured loans market.”
Aitken adds: “I am thrilled to have this exciting opportunity to build a new secured loans lender founded on Masthaven’s excellent existing reputation.”
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