LendInvest has published a number of product changes, including the removal of its debenture and the reduction of its ICR assessment rates for BTL loans. UK non-bank mortgage provider LTV has dropped its interest coverage ratio assessment to 4.19% 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 £ 967,000 ($ 750,000 ), excluding houses in multiple occupation and multi-unit freehold block properties.
UK non-bank mortgage provider LTV has dropped its interest coverage ratio assessment to 4.19% 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 £ 967,000 ($ 750,000 ), excluding houses in multiple occupation and multi-unit freehold block properties.