Positive Lending offer bridging deal with Precise up to 75%
Bournemouth based specialist packager Positive Lending claim they now offer the UK’s cheapest bridging rate of 0.75% per month available to 75% LTV via Precise Mortgages.
Deprecated: trim(): Passing null to parameter #1 ($string) of type string is deprecated in C:\inetpub\wwwroot\2025.financialreporter.co.uk\htdocs\templates\front-end\partials\article_blockquote.php on line 2
Positive can also fund purchases up to 65% LTV at 0.70% via another lender.
Chris Fairfax, Managing Director, comments:
“Fierce competition within the prime bridging market is driving down monthly interest charges. Introducers can now obtain unprecedented low rates for clients and earn referral fees of up to 2% per case.
Alan Cleary, Managing Director Precise Mortgages, comments:
"We continue to support the bridging market and work closely with members of our premier panel to help them source and package suitable business. It’s reassuring to see Positive Lending supporting the market too, their introducer fee is very generous.”
Breaking news
Direct to your inbox:
More
stories
you'll love:
This week's biggest stories:
Lloyds
Lloyds Banking Group launches £5,000 deposit mortgage
Mortgage Rates
Barclays relaunches sub-4% mortgage rate
Bank Of England
Bank of England holds interest rates at 3.75% in 8-1 vote
FCA
FCA bans and fines director £755,000 for advice and insurance failures
Mortgages
Mortgage affordability at tightest level since 2008: UK Finance
Nationwide
Nationwide cuts mortgage rates by up to 0.36%
