Positive Lending offer bridging at 4.5% over BBR

Specialist lending packager and distributor Positive Lending has been selected to distribute a prime short-term lending product priced at 4.5% over BBR with a 1.50% facility fee and no exit fee.


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Wednesday 27th March 2013

Positive Lending offer bridging at 4.5% over BBR

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Loans are available from £500k to £10m and up to a maximum of 65% LTV. The bank seeks security over assets in prime residential areas. First legal charge security is required.

Chris Fairfax, Managing Director, comments:

“We believe this to be the lowest priced short-term loan product available in the UK. This product is great for prime residential refurbishment, chain breaks and capital raising.

Author:
Amy Loddington Communications director Communications director
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