Positive Lending, the multi-award winning specialist packager and master-broker, launches a fresh approach in specialist lending by charging a flat £995 fee to Directly Authorised Intermediaries for all residential second charge secured loans plus the intermediary receives 100% of the proc fee.
Available immediately, the new £995 offering includes:
- £995 flat packager fee for ALL new residential secured loans for DAs
- Intermediary receives 100% of the proc fee
- Intermediary can charge and retain 100% of any broker fee
- Access to a whole of market secured loan lender panel
- Applies to ALL Positive exclusive and semi-exclusive products.
Chris Fairfax, Managing Director at Positive commented;
“Positive is leading a revolution in the secured loan market. We believe in fairness and transparency, we don’t believe the customer should charge larger fees for larger loans. Over the last few weeks we’ve been testing our revolutionary proposition with key partners and the response has been overwhelming.
Yes, we have reduced the amount we can earn from each residential secured loan we arrange but, as a business, we are already benefiting from our competitive proposition; which is truly better for both the intermediary and their customer. With this £995 proposition, any intermediary who is customer centric will consider Positive Lending for their secured loan business; we offer a ‘whole of market’ range of loan plans, great support and, most importantly, a hard to beat financial saving for their secured loan customers.”