Tag: Positive Lending

Industry stalwart John Malone has left Bournemouth-based Positive Lending following a year in his role.

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Positive was the first to use the lender’s instant AVM service.

The dawn of direct to broker second charges means master brokers and packages will have to “completely rethink” their business models.

Wimbleton will be responsible for ensuring the master brokerage continues to adhere to the FCA’s regulatory framework.

Sesame has launched a specialist finance panel to broaden its members’ access to second charge mortgages, residential and buy-to-let packagers, commercial mortgages and bridging loans.

Specialist packager Positive Lending completed a £10m bridge with United Trust Bank in under three weeks for an ultra-high net worth client purchasing a main residence in Prime Central London.