The Family Building Society specialises in first-time buyer products, lending into retirement and self-employed applicants.
Stephanie Charman (pictured), director of mortgages at Positive Lending, said the addition enhances products at both ends of the property cycle.
“Their wide ranging criteria and innovative products provide solutions for borrowers at either end of the property ladder, whether they are first-time buyers with small deposits or older borrowers looking to extend their borrowing into retirement,” she said.
Cammy Amaira, head of intermediary sales at Family Building Society, added: “It is very clear to us that there is an ever growing need to support those borrowers who are just not lent to by the major players in the mortgage market. Partnering with a fellow specialist such as Positive Lending ensures that even more borrowers will have access to our expanding range of mortgage products.”
In October Family Building Society launched a ‘retirement booster’ mortgage as an alternative to equity release, paying out in monthly instalments.