We work with a range of lenders, many of whom present sites to us for underwriting to improve the credit profile and pricing of sites. There are multiple benefits to lenders and their developer borrowers when using our underwriting.
The Benefits of LDS to Lenders
- Removes all speculative elements, transforming the risk profile of sites
- Provides lenders with certainty of exit within agreed timescales
- Offer improved terms and write additional business without any increase in risk
- Effective protection against negative changes to sales rates or values
- Persuasive factor when considering leverage at the higher end of LTV
- Ability to lend to new clients without track record, increasing business and providing the opportunity to establish new developer relationships