Saffron Building Society has launched a new distribution partnership with Positive Lending.
As a distributor, Positive Lending has joined Saffron as a ‘club’ member, and will have access to a broad range of products offered by Saffron for Intermediaries. This will enable brokers to access these products through an intermediary mortgage portal.
In addition, Positive Lending will be a packager for Saffron’s self-build mortgage range, taking must of the administrative burden from the broker in this specialist area of lending.
Positive Lending’s chief executive Paul McGonigle says: “We’ve already tested intermediary reaction to Saffron’s self-build loan product and we believe it will be in great demand.”