Positive Lending announce launch of Hodge Lifetime's 55 Plus mortgage

Positive Lending announce launch of Hodge Lifetime's 55 Plus mortgage

Positive Lending has announced that it has added Hodge Lifetime to its lender panel as part of its 'new lender a day for a week' campaign.

Hodge Lifetime’s 55 Plus mortgage product provides a solution for customers, both pre and post retirement, looking for remortgage opportunities or to purchase a new property.

Positive started the campaign on Monday with the addition of Tipton & Coseley Building Society to its specialist lending panel, and yesterday added Marsden Building Society’s older borrower products to its lending portfolio.


Stephanie Charman, Director of Mortgages at Positive Lending, said: “Hodge’s specialism in the equity release market made them the perfect lender to pave the way for innovative products to support the later life market. This market is only going to continue to grow and their addition to panel strengthens the product range we have available for advisers looking to support their older borrower clients.”
 
Steve Cox, Business Development Director at Hodge Lifetime, commented: “'We are delighted to be working with Positive Lending in the rapidly growing Later Life Lending sector. We continue to see growing demand for mainstream products to serve older borrowers which is particularly fueled by interest-only maturities. Many mainstream advisers are turning to this sector to meet customer needs.  By working with such an established specialist as Positive Lending, advisers will have another route to provide great customer outcomes.”

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Tony Gimple
Tony Gimple 09 Dec 2017

Linking professionalism to limited company borrowing is a flawed concept. Despite S24 etc., limited companies are the most tax inefficient way of running a property business and leave borrowers seriously...

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Evelyn Attwood
Evelyn Attwood 01 Dec 2017

It's normal. If you plan to buy a house in one of the most beautiful spots in the country you should pay a high price.

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Evelyn Attwood
Evelyn Attwood 01 Dec 2017

I think that the situation will be the same at December.

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Scott Garnet
Scott Garnet 06 Nov 2017

If you have a patio or a porch it is important to make sure that any connecting doors are secured. Good advice for sliding glass doors is replacing the panels with storm resistant glass and getting heavier...

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richardrawlings
richardrawlings 01 Nov 2017

What has not been mentioned here is the effect of not only higher interest payments, but also that these payments are less likely to be offsettable as a business cost due to the scaling back of mortgage...

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Kelvin Lloyd
Kelvin Lloyd 09 Oct 2017

IT is up, to the Planners. If they will only give permission for bungalows on certain (suitable) sites, they will be built.

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maggie swift
maggie swift 09 Oct 2017

It's just the beginning of the shocking rise.

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maggie swift
maggie swift 09 Oct 2017

I have recently read that the bungalows can provide social housing for elderly residents in London.

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zoe glover
zoe glover 05 Oct 2017

Update! Worst company I have ever dealt with. Undervalued a Cambridge property by over 100k, wont take on any evidence of valuation including a RICS valuation done 3 years ago for the very same value...

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Paul Edwards
Paul Edwards 27 Sep 2017

Its nonsense articles such as this that make it harder to get clients to realise just how difficult the market is out there. When you see Rightmove and there are more 'price reduced' then 'new' most days...

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Tom Allen
Tom Allen 20 Sep 2017

Absolutely agree with you!

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RyanGeo
RyanGeo 18 Sep 2017

A sharp correction would be a less dramatic expression to use. That is already underway in certain sectors in Reading where I practice as Chartered Surveyor

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