Loan Introducer
  • Home
  • News
  • Latest Issue
  • Mortgage Rates
  • House Price Centre
  • Blog
  • Commercial
  • Residential
  • Secured
  • Short Term
  • Unsecured

Time: 0:0

Masthaven and Pure Funding Solutions complete deal

24 November, 2015

By: Ryan Fowler

category: Commercial, Residential, Secured, Short Term

0

Masthaven Finance and specialist intermediary Pure Funding Solutions have completed a bridging deal worth £1.78m.

The client was buying a residential property and required a short-term loan to ensure the purchase went through in time.

Due to the complexities surrounding the client’s business interests had seen other lenders unable to complete the loan.

However, following a meeting between Masthaven’s underwriting team, Pure Funding Solutions and the client the lender was able to structure a deal.

Richard Deacon, sales and marketing director at Masthaven Finance, said: “Teamwork and experience are the key components which allowed this case to reach a successful conclusion. Pure Funding Solutions made sure we had all the tools and importantly access to the client.

“Then our underwriting team, which is probably one of the most experienced in the industry, was able to work with the client and broker to bring this case to fruition.”

Danny Churchill, director at Pure Funding Solutions, added: “This has been an extraordinary journey. Masthaven demonstrated why they are so highly regarded and our client is delighted with the outcome.

“It goes to show that only with a fully collaborative approach can this kind of complicated case have a successful ending.

“My team led by Ian Wells worked very closely with Sarah Jackson at Masthaven to reach this result and with the added cooperation of both sets of solicitors, we have a very happy client.”


Tags: bridging, Masthaven Finance, Pure Funding Solutions

Recent News

Second charge lending up £13.4m

24 November, 2021

Selina Finance ups second charge LTV

22 November, 2021

Pepper Money completes largest second charge securitisation

18 November, 2021

Ryan McGrath exits The Loans Engine

03 November, 2021

Polls

Will the next six months see an increase in second charge business?

View Results

Loading ... Loading ...
BACK TO TOP

Blog

Morwell Pokies Opening Hours - 24 Pokies Casino No Deposit B...

20 August, 2021

  • 0

Uptown Pokies No Deposit Codes 2021 | Casinos related to Upt...

20 August, 2021

  • 0

The Top Online Pokies And Casinos In Australia | 5 dragons p...

20 August, 2021

  • 0

Tags

  • ‘The LM Experience’
  • £50m
  • 1st HomeLoans
  • 1st Stop Group
  • 247Moneybox
  • 360 Lifecycle
  • 75% LTV
  • 85% LTV
  • Aaron Noone
  • ABC
  • Abhai Rajguru
  • Access 4 Finance
  • Access4Finance
  • Accord
  • acquisition
  • Adam Tyler
  • Adelle Rhule-Martin
  • Adrian Moloney
  • Advertising Standards Agency
  • Advertising Standards Agnecy
  • Home
  • News
  • Latest Issue
  • Mortgage Rates
  • House Price Centre
  • Blog

© CEDAC Media Limited | Terms & Conditions

Advice to readers

While this website is checked for accuracy, we are not liable for any incorrect information included. We recommend that you make enquiries based on your own circumstances and, if necessary, take professional advice before entering into transactions.


© CEDAC Media: Our Privacy and Cookies Policy

www.mortgageintroducer.com
www.investmentinternational.com
www.homebuying.co.uk
www.propertywire.com
www.everyinvestor.co.uk

Close

Enter the site

Login

Password

Remember me

Forgot password?

Login