Masthaven Secured Loans has revamped its range with a number of rate changes whilst also amending its automated valuation model rules.

The product overhaul will see rates reduced on every product with a minimum reduction of 0.5%, rising to 1.2% on its higher LTV products.

In addition, AVM data will now be acceptable on residential properties subject to satisfactory confidence levels and LTV thresholds being met.

Neil Molyneux, head of sales and marketing at Masthaven Secured Loans, said: “This revamping of our range is not only about significant rate reductions, but also incorporates important technological enhancements to help speed up the application process for brokers and their clients.”

Andrew Bloom, managing director at Masthaven Secured Loans, added:“The balance between rate, service, speed and flexibility remains a formula that needs constant attention.

“Through constant feedback from our partners within the broker community we feel these changes embrace these important features and help meet the changing needs of our brokers.”