Things have been heating up out there for many advisors with temperatures in excess of 35° recorded in July.
Well this is certainly no different for the team at Positive Lending who are continuing to help more and more clients month on month with more and more specialist solutions being provided.
Positive lending beat all of their 2019 records in every division in the month of July with working days to spare and are definitely looking at some all time company records for the month too.
Positive lending have access to the ‘hottest’ products in the specialist lending market. Second charge mortgage rates have never been ‘hotter’ starting from just 3.47% and the same goes for the bridging products available currently starting from a ‘scorching’ 0.42%pm.
This means that it has never been more affordable to provide solutions for clients that may be seeking an alternative form of finance.
Positive lending continue to help in many different areas, including raising funds for those clients that are looking to maintain their current low rate, interest only or fixed mortgage product. Also helping those clients raise funds when tight on income or who have perhaps experienced some form of adverse. Second charges are being used regularly for debt consolidation and home improvements but also to help raise funds for business purposes or perhaps to pay a tax bill.
In addition to the many second charges being arranged by Positive Lending monthly, more and more bridging solutions are being provided, whether for auction purchase, conversion, development, clients looking to downsize or those stuck in a chain break scenario. Sometimes just having the ability to secure an ongoing purchase prior to an existing property sale can really help clients.
As always Positive Lending are keen to help you understand these products and the scenarios that they best suit. There is information about these on their website www.positivelending.co.uk and via their national team of account managers who will be happy to provide you with a more detailed understanding at a time and place that suits you.
Call Positive Lending today 01202850830 with any specialist queries, to simply find out more information or to book your face-to-face specialist lending review.