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 limited company buy-to-let rates for brokers

Coventry for intermediaries has reduced selected limited company buy-to-let rates by up to 20...

Paragon Bank introduces limited edition 60% LTV buy-to-let products

Paragon Bank has expanded its buy-to-let range with a new tranche of 60% loan-to-value...

TwentyCi hires Nick Huntley to lead sales at TwentyEA and TwentyConvey

TwentyCi has appointed Nick Huntley as sales director for TwentyEA and TwentyConvey as the...

HSBC cuts mortgage rates by up to 34bps across core ranges

HSBC UK has reduced mortgage rates across its product range, with cuts of up...

Atom bank reduces prime mortgage rates by up to 25bps

Atom bank has cut rates across its prime mortgage range by as much as...

Latest publication

Other news

The Coventry cuts limited company buy-to-let rates for brokers

Coventry for intermediaries has reduced selected limited company buy-to-let rates by up to 20...

Paragon Bank introduces limited edition 60% LTV buy-to-let products

Paragon Bank has expanded its buy-to-let range with a new tranche of 60% loan-to-value...

TwentyCi hires Nick Huntley to lead sales at TwentyEA and TwentyConvey

TwentyCi has appointed Nick Huntley as sales director for TwentyEA and TwentyConvey as the...