Positive Lending launches bridging deal with West One Loans
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Specialist packager Positive Lending is launching an exclusive bridging loan deal in conjunction with West One Loans.
The product requires a minimum loan advance of £100,000 and is available up to 65% LTV, while it includes a full refund of valuation costs on completion and no lender legal fees.
Chris Fairfax, managing director at Positive Lending, says: “Competition within the bridging sector is at an all time high, with this in mind it’s great to see a bridging lender offering a unique incentive to ease the overall costs associated with bridging finance.
“We have developed a fantastic relationship with the team at West One and I am delighted they have selected Positive Lending to launch this product.”
David Kreeger, founding director at West One Loans, adds: “We are very excited to work with Chris and his team at Positive Lending on this exclusive offering, which alongside our very competitive rates should allow us to help borrowers to achieve their objectives and for us to substantially increase our bridge lending.”
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