Positive Lending offer bridging at 4.5% over BBR

By Bridging Loan Directory -

 

Positive LendingSpecialist lending packager and distributor Positive Lending has been selected to distribute a prime short-term lending product priced at 4.5% over BBR with a 1.50% facility fee and no exit fee.

Loans are available from £500k to £10m and up to a maximum of 65% LTV. The bank seeks security over assets in prime residential areas. First legal charge security is required.

Chris Fairfax, Managing Director, commented:

“We believe this to be the lowest priced short-term loan product available in the UK. This product is great for prime residential refurbishment, chain breaks and capital raising.”