Positive Lending is bolstering its suite of property financial solutions with a range of products specifically tailored for the over 55s.

All the products in this range are designed to help current, and soon-to-be, retirees to make the most of their finances.

Positive Lending has also joined the Equity Release Council and will adhere to its code of conduct.

Highlights of the range include:

• Available from the age of 55 years and upwards
• All credit history scenarios are considered
• A full investigation into financial circumstances, requirements and alternatives to equity release are always carried out
• No Negative Equity Guarantee
• Clients can choose from a lump sum, or supplement their income.
• Clients can protect some equity for inheritance
• No monthly payments, or optional payments
• We only recommend lenders that are members of the Equity Release Council.

To support this new range of solutions, Positive Lending has appointed Alex Hamilton as its new later life lending manager.

Hamilton (pictured) said: “I’m delighted to be re- joining Positive Lending at such a busy and exciting time. I look forward to bringing my wealth of knowledge and experience of this market to the Company and look forward to helping more clients with their borrowing needs.”

Paul McGonigle, Chief Executive at Positive Lending, says: “I have known Alex for some time now. He previously worked with Positive Lending for six years, and most importantly understands our culture. We have always performed well in sectors where we provide advice to clients, and have robust sales processes and technology to ensure that we continue to create a culture of customer first, sale second.

“The later life lending market has matured significantly and will continue to do so as clients life expectancy increase but borrowing needs remain. We have entered into this market cautiously and tested our processes, and now feel we are ready to support intermediaries in a market where they may not be able to provide the advice directly. I look forward to working with the team of experts that Alex has assembled to support our clients and intermediaries.”