Falcon Bridging Finance partners with Positive Lending

Published on

Falcon Bridging Finance has selected Positive Lending as its latest financial intermediary.

Intermediaries submitting enquiries to Positive Lending will now be given access to Falcon’s bridging range.

In turn, Falcon Bridging Finance will provide a range of non-regulated products for both the residential and commercial property sectors via financial intermediaries in England and Wales – offering loans of up to £10 million with terms of up to 24 months, and a loan to value (LTV) of up to 75%.

Matt Vincent (pictured), specialist lending director at Positive Lending, said: “We provide intermediaries with a diverse range of bridging products from a wide variety of lenders. Adding Falcon Bridging Finance to our lender panel will further strengthen this proposition.”

Paul Brooks, head of asset backed lending at Falcon Group, added: “We are pleased to announce Positive Lending as our latest financial intermediary. At Falcon, we pride ourselves on our outstanding service and our dedication to our clients, and believe that Positive Lending have both the knowledge and expertise to support us.

“Having spent over two decades in specialist finance, this latest venture into bridging finance will see us expand into new territories – with the help of our intermediaries, we hope to become a leading market player in the coming years.”

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

The Coventry cuts selected intermediary residential fixed rates

Coventry for intermediaries has reduced a number of residential fixed-rate products for new and...

Mortgage Advice Bureau completes acquisition of Dashly

Mortgage Advice Bureau (MAB) has completed the acquisition of technology and data company Dashly,...

The Buckinghamshire lowers rates across key ranges

Buckinghamshire Building Society has cut rates across a wide spread of residential and buy-to-let...

FCA finds protection market delivering good outcomes, says TPFG

The Property Franchise Group PLC (TPFG) has responded to the publication of the Financial...

Conditional selling remains industry flashpoint as enforcement lags

Conditional selling remains one of the most persistent and contentious issues facing the UK...

Latest publication

Other news

The Coventry cuts selected intermediary residential fixed rates

Coventry for intermediaries has reduced a number of residential fixed-rate products for new and...

Mortgage Advice Bureau completes acquisition of Dashly

Mortgage Advice Bureau (MAB) has completed the acquisition of technology and data company Dashly,...

The Buckinghamshire lowers rates across key ranges

Buckinghamshire Building Society has cut rates across a wide spread of residential and buy-to-let...