by Taryn Johnston | Nov 27, 2020 | Mortgages
Nationwide is expanding access to its 90 per cent loan to value (LTV) mortgages beyond first-time buyers. From the second week of December, the lender will offer the higher LTV loans to include purchase and customers who are home movers. At the same time, the lender...
by Taryn Johnston | Nov 12, 2020 | Mortgages
HSBC has confirmed it is ready to return to 90 per cent loan to value (LTV) lending as soon as other big lenders re-enter to ensure capacity can be spread around to meet demand. However, the lender said it would not be diving straight in to the 95 per cent LTV sector...
by Taryn Johnston | Nov 5, 2020 | Mortgages
The heads of the Financial Conduct Authority (FCA) have failed to explain why borrowers who took payment holidays at the start of the coronavirus pandemic in March were not told that doing so would affect future lending decisions until months later. In a session with...
by Taryn Johnston | Oct 8, 2020 | Mortgages
Borrowers looking for a low deposit mortgage deal will be forced to pay the highest average two-year fixed rate in five years, increasing their mortgage costs by thousands of pounds as rates have soared since April. Analysis from the Bank of England showed the average...
by Taryn Johnston | Sep 30, 2020 | Mortgages
House prices are on course to rise by 14% between August and November according to the House Price Forecast by price comparison site reallymoving. Average house prices in England and Wales are on course to increase by 14% in the three months between August and...