Tiuta still offering 75% LTV and performing strongly

Tiuta still offering 75% LTV and performing strongly




.

 

Tiuta, one of the UK’s leading bridging loans companies, is still lending up to 75% LTV on open market valuations.
 
Tiuta has also reported record levels of enquires from brokers, having seen a significant increase in the last quarter.
 
Gary Booth, CEO of Tiuta, said: “2007 was a great year for Tiuta and, despite some tough market conditions, 2008 is shaping up to be good considering the climate. Brokers are increasingly turning to Tiuta in order to place clients needing short-term funding, as we are still lending up to 75% LTV on open market valuations and performing very strongly.”
 
Tiuta has launched a range of new products in the last few months including Refurbridge, which will finance both the purchase price and the cost of refurbishing the property, and Underbridge, which can finance 100% loans on properties that have been purchased under value, by as much as 40% compared to their open market value.

Leave a comment