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Positive Lending boosts lending panel

by: Edward Murray
  • 08/08/2017
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Positive Lending boosts lending panel
Specialist packager Positive Lending is announcing five new additions to its panel this week, starting with Tipton and Coseley Building Society.

Tipton & Coseley Building Society lent £66.6m during 2016, up from £52.1m the previous year and delivered a profit before tax of £2.1m (2016).

Stephanie Charman (pictured), director of mortgages at Positive Lending, commented: “I am delighted to bring Tipton and Coseley Building Society onto panel, their enhanced criteria for packager partners alongside competitive products makes them an ideal lender for us to partner with.”

Richard Groom, head of mortgage sales (intermediary & direct) at Tipton & Coseley Building Society, said: “As we continue to widen our intermediary reach, we are delighted to be joining Positive Lending’s panel. We believe our common sense, pragmatic approach to underwriting offers brokers a number of new angles for their clients. We look forward to working with Stephanie and her team at Positive Lending.”

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