locutus
Member of DD Central
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Post by locutus on Jun 24, 2015 15:15:15 GMT
I was thinking what would happen if the property on which money was lent, burnt down? Do Lendy ensure that insurance is in place? If so, is Lendy named as a payee?
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Post by savingstream on Jun 24, 2015 17:57:17 GMT
We can confirm that Lendy Ltd is named as first loss payee on all building insurance policies to cover this eventuality.
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locutus
Member of DD Central
Posts: 1,059
Likes: 1,622
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Post by locutus on Jun 24, 2015 19:09:11 GMT
Excellent. Great to hear.
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