CLSQ launches solution to streamline mortgage lending process

Tile&Texture will provide “instant” access to tenure type and remaining lease term information which will “eliminate” the need for costly and time-consuming process of getting this information from title deeds.

CLSQ strategic development director, Spencer Wyer, explained: “Title&Tenure is a game-changer for the UK mortgage lending industry.

“By providing critical property information at the outset of the application process, we are enabling lenders to make more informed decisions faster and more efficiently.

“This not only saves time and money but also enhances the customer experience by reducing delays and uncertainty.

“It’s easy for lenders to integrate into their systems, using one simple API, to help lenders deliver instant decisioning with greater confidence.”