Positive Lending to distribute Precise bridging exclusive

Bournemouth-based specialist packager Positive Lending has been selected to distribute Precise Mortgages’ bridging exclusive.


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Thursday 13th December 2012

Positive Lending to distribute Precise bridging exclusive

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A tranche of £5million has been made available to fund standard and light refurbishment bridging at 1% per month at a maximum LTV of 75%.

Other product highlights include a free valuation up to £1m property value, loans from £150,000, regulated and unregulated lending and ability to refinance existing bridging facilities
 
Chris Fairfax, Managing Director, comments:

“The combination of high LTV, competitive interest and additional incentives, namely a free valuation, will make this product very popular.

Alan Cleary, Managing Director, Precise Mortgages, comments:

"This product should be excellent for borrowers who want to keep up front costs to a minimum and Positive Lending with their extensive broker connections are perfectly placed to distribute this product."
 

Author:
Amy Loddington Communications director Communications director
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