Tiuta announce large loan evolution
Tiuta PLC, the short-term loan lender, has today announced an evolution of its product range and is offering finance for higher value, larger bridging loans.
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These loans are available for purchase, refinance or development properties and ideally would be situated within Central London or the Home Counties however Tiuta is able to look at each loan on an individual basis.
Product interest rates are available from 1.1% per month, with an arrangement fee of 1% and a broker/introducer procuration fee of 1%.
Steven Nicholas, CEO at Tiuta, commented:
“We have seen an increase in demand for larger loans from our broker and introducer partners and we felt it was important to react quickly with a product offering that meets their client’s needs.
"Particularly in London and the South East these types of higher value loans are becoming more common and with our considerable funding lines and our experience we are able to work competitively in this marketplace.
"While our preference is for this geographical area, we are always willing to look at each deal on its individual merits and we would urge those looking for such finance on behalf of their clients to contact Tiuta first to see how we can help.”
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