The product offers a full refund of valuation costs on completion and absolutely no lender legal fees whatsoever. To qualify for this incentive the LTV must not exceed 65% with a minimum loan advance of £100,000
Chris Fairfax, Managing Director, Positive Lending, commented:
“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, West One Loans, added:
“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”.
