The average loan-to-value (LTV) ratio on mortgaged homes across the UK has fallen to 59%, down from around 70% in 2012, the Intermediary Mortgage Lenders Association reveals. IMLA’s report The New Normal – prospects for 2026 and 2027 reveals that, since the financial crisis, an… The post Average mortgage LTV falls to 59%: IMLA appeared first on Mortgage Strategy.
A lack of social and affordable housing is leading to families being locked into poverty damaging their health and wellbeing, according to an academic report. Private rents are too high for lower income families leading to a rise in homelessness say professor Christine Whitehead of… The post Lack of social and affordable housing fuels poverty, report says appeared first on Mortgage Strategy.
NatWest has made rate cuts on new business, existing customer and additional borrowing product ranges. As part of the cuts, NatWest has lowered the rates on purchase two-year fixed by up to 20 basis points. These include rates at 80% loan-to-value (LTV) and a product… The post NatWest and Gatehouse Bank reduce rates appeared first on Mortgage Strategy.
Keystone Property Finance has expanded its refurb to let range by introducing higher loan-to-value (LTV) products. The specialist buy to let lender has added two new short-term products, increasing the maximum LTV available on loans between £100,000 and £1m. Rolled up options are now available… The post Keystone expands refurb to let range appeared first on Mortgage Strategy.
Gen H has expanded its New Build Boost scheme in partnership with Lovell Homes. The partnership adds to the scheme plots at 25 Lovell Homes developments across England and Wales. New Build Boost is a mortgage scheme administered by Gen H in partnership with select… The post Gen H expands New Build Boost scheme with Lovell Homes appeared first on Mortgage Strategy.
