UK non - bank mortgage provider LendInvest has dropped its credit coverage ratio assessment to 5 % on all but one of its products , and eliminated the need for a debenture option on limited company applications for buy - to - let loans . The firm will also offer free title insurance for remortgage cases up to £ 750,000 ( $ 967,000 ) , for houses in multiple occupation and multi - unit freehold residential properties .
UK non-bank mortgage provider LendInvest has dropped its interest coverage ratio assessment to 5% on all but one of its products, and eliminated the need for a debenture charge on limited company applications for buy-to-let loans. The firm will also provide free title insurance for remortgage cases up to £750,000 ($967,000), excluding houses in multiple occupation and multi-unit freehold block properties.