TLT teams up with asset management and fact-finding experts to launch interest-only resolution for lenders
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Graham Walters
Law firm TLT, with offices in Glasgow and Edinburgh, has announced a new partnership with asset management and fact-finding experts to provide a resolution for interest-only mortgage product lenders.
The new partnership, with Spicerhaart Corporate Sales and Excel, is aimed at assisting interest-only mortgage borrowers who are reluctant to engage with lenders and agree a resolution.
It sees both the customer and the lender engaged throughout the journey to resolution, whether that is repayment, conversion, re-mortgage, the sale of the property, or where there is no other solution, litigation.
The approach aims to deliver a clear strategy for the lender within 90 days.
Graham Walters, partner at TLT, said: “We aim to provide absolute resolution both for the customer and the lender based on the customer’s individual circumstances. Interest-only resolution is an issue that needs to be dealt with and we believe that our approach can help.”
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