The lender has also increased its maximum loan amounts and extended the maximum loan on buy-to-let to £80,000.
Stuart Aitken, chief operating officer, Masthaven Secured Loans, said: “We have been delighted by the response from the market since our launch, and can now repay some of that trust in our ability to deliver by extensively enhancing our product range.
“These developments clearly demonstrate that MSL aims to be a substantial provider of secured loans to the market, and we look forward to building great relationships with our broker partners through what promises to be a very positive 2013.”