Link Loans raise LTV
Link Loans raise LTV for Self Employed with Loans Warehouse
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Self employed applicants are required to prove their income by producing their last three months business bank statements along with proof they have been self employed for over 6 months.
Previously at this LTV a customer would have to provide an accountants reference covering the last two years income.
Matt Tristram from Loans Warehouse said:
"Link Loans continue to come up with new ways to open up their product to more and more borrowers, we are genuine excited at the options we believe will open up in 2011 with Link Loans who have made their intentions to grow very clear"
They have also increased the catchments of loans that can be completed with a desktop valuation by increasing the maximum loan using an AVM from £10,000 to £20,000
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