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Tiuta extends large loan funding line

by: Mortgage Solutions
  • 09/02/2012
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Tiuta extends large loan funding line
After lending £30m in loans over December and January, Tiuta has doubled its large loans funding line to £60.

Following its decision to offer a larger loan proposition Tiuta has seen a four-fold increase in enquiry levels for the product, with a particular focus on prime properties situated in Central London areas.

Steven Nicholas, CEO at Tiuta, said: “As always we are not an irresponsible, risk-taking lender; instead we continue to be interested only in lending on quality assets to quality borrowers at lower LTVs. Our focus for large loans remains on London and the Home Counties however we are prepared to look at each case on an individual basis and will continue to do this.”

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