CLSQ has launched a solution designed to streamline the mortgage lending process.

Title&Tenure provides access to tenure type and remaining lease term information instead of getting the information from title deeds.

The automated service provides property details, such as the title number, tenure type, and remaining lease term.

Title&Tenure can be integrated at the decision-in-principle stage, allowing for automated decision-making.

CLSQ strategic development director Spencer Wyer says: “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.”