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Security counsel

By: Contributor(s): Language: English Series: Estates Gazette ; (1114) 9 April 2011, 85-87(4)Publication details: 2011Subject(s): Summary: Lenders are taking a conservative approach to new real estate lending and refinancing, requiring prime or top secondary assets as security, restricting and imposing lower loan-to-value covenants and tightening interest cover ratios.

Lenders are taking a conservative approach to new real estate lending and refinancing, requiring prime or top secondary assets as security, restricting and imposing lower loan-to-value covenants and tightening interest cover ratios.