Positive Lending

Positive Lending, specialist mortgage broker for financial intermediaries

Positive Lending is a British specialist mortgage funding brokerage and packaging firm. Its activity is aimed exclusively at professional financial intermediaries, not the general public, and its stated goal is to provide excellent outcomes and genuine value to these professionals. The company defines itself as a broker, not a lender, and operates from its headquarters in Ringwood, Hampshire.

According to the company's own data, it has completed more than 20,000 cases and facilitated over £3 billion in lending, helping thousands of customers find the right loan. Its team has over 400 years of combined experience, with backgrounds at institutions such as GE Money, Santander, JP Morgan, Lloyds Banking Group, HSBC, Nationwide and Bank of New York.

Specialist finance products

Positive Lending's catalogue covers several lines of mortgage and credit finance:

• Bridging loans: the firm presents itself as the packager of choice in this segment, with access to a panel of valuers selected for their speed, specialist solicitors and dedicated underwriters. The company states it offers the best rates on the market and agreement in principle (AIP) decisions within four hours.
• Second charge mortgages: with a whole-of-market product range, exclusive products and transparent fees, the company seeks the best outcome for intermediaries' clients.
• Specialist residential and buy to let mortgages: aimed at customers who find it difficult to obtain financing from traditional high street banks, with a team specialising in hard-to-place cases.
• Commercial mortgages: access to a wide range of specialist lenders and private funders.
• Development finance: aimed at covering clients' project needs and generating high returns through competitive pricing and prompt delivery of funds.
• Equity release and later life lending: products designed to help current and future retirees make the most of the equity built up in their homes.

Services and proposition for intermediaries

Positive Lending structures its offering around the needs of financial intermediaries. Among the services it highlights are exclusive and restricted-access products, which seek to give intermediaries a competitive edge. The firm also offers continuing professional development (CPD), management presentations and case reviews through its regional account managers, who travel to intermediaries' offices or a location of their choosing.

The company manages case processing through its Case Flow platform, which allows intermediaries to register, submit supporting documents and review the progress of cases at any time. Positive Lending states it pays the highest commissions in the market, maintaining a fair and transparent fee policy for customers, and informs intermediaries immediately whether it can assist their client and how much commission they will earn.

The company backs its proposition with the so-called Positive Promise, a service commitment that is not detailed in the material analysed.

Leadership team

Positive Lending's leadership team includes Paul McGonigle as chief executive officer, Dawn McGonigle as head of finance, Sheila Bailey as head of compliance and enterprise risk, and Dexter McGonigle as Companion Champion. The firm emphasises that its success is based on a customer-focused team passionate about the financial sector.

Structure and regulation

Positive Lending (UK) Limited, trading as Positive Lending, is authorised and regulated by the Financial Conduct Authority (FCA) with reference number 607682. The company is registered in England and Wales with number 6700848 and its registered office is at Positive House, GP Centre, Yeoman Road, Ringwood, Hampshire BH24 3FF.

The company's website is strictly reserved for professional use by intermediaries and should not be accessed by the general public.

Location and contact

Positive House, GP Centre, Yeoman Road, Ringwood, Hampshire BH24 3FF · Phone: 01202 850 830