Link Loans raise LTV
Link Loans raise LTV for Self Employed with Loans Warehouse
Deprecated: trim(): Passing null to parameter #1 ($string) of type string is deprecated in C:\inetpub\wwwroot\2025.financialreporter.co.uk\htdocs\templates\front-end\partials\article_blockquote.php on line 2
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
Breaking news
Direct to your inbox:
More
stories
you'll love:
This week's biggest stories:
FCA
FCA bans and fines financial adviser more than £740,000
In The Spotlight
'Turbulence in the mainstream market creates opportunities in the specialist space': Josh Knight, Glenhawk
Housing Market
Almost half of home sellers hit by broken property chains
Regulation
FCA bans and fines trio behind £35.5m investment scheme
This week's biggest stories:
FCA
FCA bans and fines financial adviser more than £740,000
In The Spotlight
'Turbulence in the mainstream market creates opportunities in the specialist space': Josh Knight, Glenhawk
Housing Market
Almost half of home sellers hit by broken property chains
Regulation
FCA bans and fines trio behind £35.5m investment scheme
CHL Mortgages
CHL enhances bridging range with AVMs and enhanced adverse credit criteria
Housing Market
July housing transactions dip 2% amid 'cautious market': HMRC
