Our Latest Press releases
Positive Solutions Announces Link Up With Bank of China
14/07/2011
Printable version
Printable version
Positive Solutions today announces a new link up with Bank of China which will extend the range of mortgage product solutions available to clients.
The agreement will give Positive Solutions IFA Partners and Independent Mortgage Brokers direct access to the Bank of China Mainstream and Private Banking mortgage products.
The Mainstream residential product is a lifetime tracker with a rate of 2.3% above bank base rate with a Loan to Value (LTV) ratio of up to 80%. Bank of China also offers a buy-to-let lifetime tracker product at a rate of 3.38% above bank base rate with up to 75% LTV ratio. The buy-to-let rate has been a Best Buy in Life and Pen-sions Moneyfacts tables since July 2010 and will be an important addition to the range of mortgage products available to Positive Solutions IFAs to meet their clients’ needs.
Positive Solutions IFA Partners with suitable clients will also benefit from Bank of China’s Private Banking product range providing solutions for those seeking loans of between £2m and £10m.
Paul Rignall, Mortgage Manager at Positive Solutions commented:
“With its competitive rate structure and the acceptance of loans up to £10 million, Bank of China has demonstrated a real desire to increase lending. We are delighted they have agreed to join forces with Positive Solutions to help them achieve further growth in lending.
“Bank of China’s product range will be a great addition for our IFA Partners, many of whom have high net worth clients who are looking to move into the upper end of the property market, either as owners or through an investment opportunity.”
-ENDS-
For further information:
Margaret Robertson
PR Manager, AEGON
Tel: 0131 549 6798 / 07740 897527
margaret.robertson@aegon.co.uk
Notes to Editors:
Positive Solutions is a leading national IFA with over 1200 registered individuals. It is owned by AEGON UK.
In the UK AEGON offers pensions, life insurance, asset management and financial advice to around two million customers. AEGON UK has assets under administration of £57.7 billion and employs approximately 4,000 staff.
View Annual Reports
View all of our Press Releases
The agreement will give Positive Solutions IFA Partners and Independent Mortgage Brokers direct access to the Bank of China Mainstream and Private Banking mortgage products.
The Mainstream residential product is a lifetime tracker with a rate of 2.3% above bank base rate with a Loan to Value (LTV) ratio of up to 80%. Bank of China also offers a buy-to-let lifetime tracker product at a rate of 3.38% above bank base rate with up to 75% LTV ratio. The buy-to-let rate has been a Best Buy in Life and Pen-sions Moneyfacts tables since July 2010 and will be an important addition to the range of mortgage products available to Positive Solutions IFAs to meet their clients’ needs.
Positive Solutions IFA Partners with suitable clients will also benefit from Bank of China’s Private Banking product range providing solutions for those seeking loans of between £2m and £10m.
Paul Rignall, Mortgage Manager at Positive Solutions commented:
“With its competitive rate structure and the acceptance of loans up to £10 million, Bank of China has demonstrated a real desire to increase lending. We are delighted they have agreed to join forces with Positive Solutions to help them achieve further growth in lending.
“Bank of China’s product range will be a great addition for our IFA Partners, many of whom have high net worth clients who are looking to move into the upper end of the property market, either as owners or through an investment opportunity.”
-ENDS-
For further information:
Margaret Robertson
PR Manager, AEGON
Tel: 0131 549 6798 / 07740 897527
margaret.robertson@aegon.co.uk
Notes to Editors:
Positive Solutions is a leading national IFA with over 1200 registered individuals. It is owned by AEGON UK.
In the UK AEGON offers pensions, life insurance, asset management and financial advice to around two million customers. AEGON UK has assets under administration of £57.7 billion and employs approximately 4,000 staff.