Mortgage News
The top 10 biggest mortgage broker stories this week – 17/07/2020
Stamp duty issues continued to rumble on this week after the recent increase to the tax threshold, with one of the biggest stories relating to a developer that has not passed the saving on to buyers.
However, Nationwide’s return to 90 per cent loan to value lending was the story of the week.
A host of other lender criteria changes were also in the news, along with a look at market down valuations taking place in London.
Nationwide introduces 90 per cent LTV deals for first-time buyers
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Developer refuses to pass on £10k stamp duty saving to buyers
Mortgage brokers report huge down valuations on London homes at high LTVs
Stamp duty holiday will trigger small rise in house prices and transactions – OBR
Stamp duty discount cut off will not be a cliff edge – Treasury minister
Property lawyers call for stamp duty holiday to be backdated
Self-employed borrowers most difficult to place, brokers say
NatWest withdraws broker exclusive mortgages to maintain service levels
Lenders reviewing cladding form use after ‘negative effect on mortgage market’ – housing minister