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Top ten mortgage broker stories this week – 04/12/2020
The dominant theme of the week, without a doubt, was high loan to value (LTV) mortgage deals.
Expanded ranges, rate cuts, new entrants and criteria changes are what made advisers sit up and take notice the most this week.
In top spot, was Santander’s decision to add more high LTV deals to its range and its Brexit-focussed lending criteria changes was the third most read story of the week.
Despite Halifax’s announcement late in the week that it too would re-join the 90 per cent LTV market, for first-time buyers only, it was still the fourth most popular story such is the buzz around the next big lender to come back and support low deposit lending.
Here’s this week’s top ten stories on Mortgage Solutions:
Introducing the Green Living Reward
Your clients can now get up to £2,000 cashback for making energy-efficient home
Sponsored by Halifax Intermediaries
TSB adds more 90 per cent LTV mortgages as Halifax and BM Solutions tweak rates
Santander makes mortgage lending criteria changes ahead of Brexit
Two-year fixed rates at 90 per cent LTV now highest for almost six years
NatWest requires payslips for furloughed borrowers returning to work
Reliance Bank reintroduces key worker mortgages up to 90 per cent LTV
Compare the Market launches online execution-only remortgages
‘Every application is a battle’ but the crisis is driving change – Marketwatch