The Five Minute Interview with Chris Parr, BDM, Masthaven

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Masthaven Bridging Finance is an FSA regulated multi award winning lender that paid out its first loan in 1983.

In that time Masthaven has become a regular port of call for brokers, intermediaries and IFA’s alike wishing to place first and second charge bridging loans along with renovation and refurbishment deals.

With backing from the William Pears Group and Saffron Building Society amongst others Masthaven is one of the true leading lights in the bridging finance arena.

We speak to business development manager, Chris Parr:

What is the best thing about being in the bridging finance business?

The best thing is the short time it takes to get deals done.

The majority of deals are done within a couple of weeks from start to finish, it is down to the fast pace of the industry and the brokers we deal with all wanting to make deals happen very motivating and rewarding when deals are done to tight deadlines.

What keeps you focused?

The wife’s credit card bill

What qualities do you look for in your employees or colleagues?

Honesty, drive and enthusiasm are the key elements.

Are you an optimist or a pessimist?

It all depends on the weekend’s football results. I like to think I am an optimist and that a solution can always be found.

What did you want to be as a child?

Wealthy

What will be the greatest challenge facing the bridging finance industry in the coming months?

The impending change in regulation will have a major impact to everyone connected to the bridging market from brokers to lenders.

Who or what makes you laugh?

Peter Kay, being a true northerner Phoenix Nights was just the best.

Do you dread Monday mornings?

Only if United have lost as Mr Richard Deacon will be on the phone rather early.

If you could change one thing about yourself, what would it be?

More hair would be nice.

With whom would you most like to have dinner?

As a keen motor racing fan the late great Ayrton Senna, a very complex man who was a genius behind the wheel of a car.

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