Tag: Positive Lending
The deal will see the creation of a number of new properties at a former maltings and warehouse.
The lender, led by chief executive Chris Fairfax (pictured), started doing business with a handful of brokers as well as sister company and packager Positive Lending.
Just over a third (34%) of all lending in the second quarter of 2018 was for refurbishment purposes, up from 18% during the first quarter of 2018, as borrowers sought to maximise the value of their existing assets.
Intermediaries submitting enquiries to Positive Lending will be given access to Falcon’s bridging range.
Vida Homeloans has rolled out distribution of its second charge mortgage range through a number of master brokers.
Assetz Capital provides alternative loans to small-and-medium sized businesses and property developers in the UK, offering commercial mortgages, development finance, buy-to-let for landlords and residential refurbishment.
Its business loan rates start from 4.08% per year.
James Byrne, director of mortgages at Positive Lending and Steve Griffiths, director of sales and distribution at The Northview Group spoke of their excitement about the upcoming partnership.
Positive Lending became aware that fraudsters are using their logo, staff names and Ringwood head office address to promote loan offers in Euros to consumers overseas.
Coleman has worked in the financial services industry for over 20 years in various sales, management and consultative roles.