Tiuta contines to offer 75% LTV

Bridging loan company Tiuta has reiterated that it continues to lend up to 75% LTV on open market valuations.

Tiuta continues to offer its 75% LTV amid the addition of a range of products, including Refurbridge, which covers the finance arrangements for both the purchase price and the cost of refurbishing the property.

An additional product, Underbridge, can finance 100% loans on properties that have been bought under value by as much as 40% compared to their open market value.

Gary Booth, chief executive of Tiuta, says: “Despite some tough market conditions, 2008 is shaping up to be a good year considering the climate. Brokers are increasingly turning to Tiuta in order to place clients needing short-term funding.”