Leadbay offers flexible LTV filter

Leadbay says the new feature will allow brokers to adapt to rapidly changing lender criteria and ensure they have the best chance possible of placing a lead. Advisers will be able to set a maximum LTV limit, meaning they will no longer receive any leads from customers looking for larger loans. Recent changes in lender criteria mean few are offering loans above 90% LTV, while the most favourable rates are now only available to customers seeking 75% LTV or less. Grant Stevens, managing director of Leadbay, comments: “We have twice lowered the maximum LTV that borrowers can ask for when see...