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:
Buy-to-let
Buy-to-let market 'in transition' as landlords turn to refinancing
MPowered Mortgages
MPowered closes to new business amid potential sale
FCA
FCA bans and fines adviser £100,000
Budget
Reeves lays groundwork for tax rises in surprise pre-Budget speech
Bank Of England
Interest rates held at 4% in narrow 5-4 vote
Budget
What taxes could be raised in the Autumn Budget?