Deacons Diary – Let the good times roll


The May/June period is by far and away my favourite time of year.

Everything is in full bloom, the long days seem to never end, and everyone is seemingly in a financial transaction that bridging finance can help with!

I get to talk to an awful lot of introducers in my job and to a man they all say the same thing. “Start of the year was awful, really picked up on the last three months”. Now whether this had anything to do with the weather I will never know, but it was the coldest spring in living memory, and of late the climate has been very temperate so your guess is as good as mine!

Whatever it is that has switched on the bridging button, long may it continue as we now enter a very busy and exciting period where everyone wants things done before the big summer exodus. Whether it is for FCA regulated bridging, renovation and refurbishment bridging, 2nd charge bridging, commercial or development, we have had enquiries for all of it lately.

The two major events though have had to be the Bridging & Commercial Awards and a certain golf event held recently at Brocket Hall….

The B&C Awards had their 5th birthday celebration recently in the very grand Connaught Rooms, which in itself a fantastically sumptuous building. However, after it had been “Mo’d” it looked simply stunning. Over 450 of the industries finest turned up for the evening celebration of our industry, and Masthaven’s tables were expectant of success.

It came not once but twice in the shape of arguably the two best awards available. Firstly, a new award this year went the way of our Underwriting and Operations Manager Claire, who scooped the Underwriter of the Year Award. This was a marvellous achievement for her as she is such a hard worker. Her work ethic is exemplary and she has built up a tremendous rapport with all the introducers who work with her. She was rightly very proud of the award and it dovetailed beautifully with the gong that we won later in the night.

Masthaven were delighted to win the Award for Best Bridging Proposition, which for me, was the one we really wanted to win. As a lender you want to ensure that if anyone asks “do you do bridging loans?” you can answer “yes, we do, we are as close to a whole of industry lender as you can find”. The lending in Scotland was the final piece of the jigsaw I believe that helped us win this particular award as we truly are a lender that does all things bridging from FCA regulated to development to 2nd charge bridges, through to renovation and refurbishment loans. We are equally happy lending £50,000 as we are £5,000,000 and we are equally happy to lend in Cornwall or Carlisle.

To get this recognition from your peers gives a real sense of satisfaction that you are doing things the right way and that people do care what you do and equally as important, how you do it. For Claire and the rest of the team at Masthaven, we sincerely thank you for your business and hope to continue with the strong relationships for many years to come.

Now, it would be remiss of me not to mention our inaugural golf day held recently at the splendid Brocket Hall…

Twenty of our closest introducers, and frequent users descended upon the Hertfordshire venue on a stunning early summer day to play the immaculately manicured surroundings of one of England’s finest golfing challenges. A fine day was had by all as stories and jokes were shared over breakfast before the real work started on the first tee shortly after 9am…

For those golf bores reading this I won’t go into detail about the 40-yard chip in from Simon Juniper at 17, or the decimation of half of the estate’s Cedar trees by Danny Churchill, or even Mel Fordham’s “excuse” for his “most golf played” win. No, I won’t do that.

All I will say is that one individual shone above all others, one person sunk putts when it mattered, and drove the ball straight when the hole required it. Yes, ladies and gentlemen of the bridging industry, Andrew Bloom did actually win his own golf day!!!

Yes, he really did and yes that is a grimace on my face, and yes it was a bloody nice trophy to win!!

Note to self and fellow competitors next year… don’t let the boss win again… he is quite, quite unbearable.

That said, he is approving a few more deals now… get the phones ringing boys!!


About the author

Richard Deacon - Sales and Marketing Director - Richard has been with Masthaven for over 5 years now and within the finance industry for over 15 years. In that time he has worked for companies as diverse as Santander, HFC Bank, Welcome Finance and Personal Touch Packaging, encompassing virtually every aspect of financial services. Richard believes that “people buy from people” and as such has formed some tremendously strong relationships, not only in the bridging finance market but also in the more global finance sector.

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