The story divided opinion among readers who praised the banks for prudent lending decisions reflecting a change in buyers’ circumstances and criticised lenders for not honouring criteria available at the start of an application.

Elsewhere in mortgage broking news, two lenders brought out 95 per cent loan to value mortgage ranges, Lloyds Banking Group’s Esther Dijkstra shared her plans for the bank’s trio of brands this year and intermediaries were warned to check the risks that IR35 tax changes pose to their businesses.

First-time buyers say deals collapsed after banks backtracked on initial offer

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HSBC increases high LTV maximum loans

Mortgage firms must check IR35 risks given complexity of April tax change – AMI

Nationwide cuts rates and expands £1,499 fee range to 90 per cent LTV

Accord launches 95 per cent LTV mortgage for first-time buyers

House prices forecast to lose 2020 gains – Reallymoving

Bank of Ireland reintroducing 95 per cent LTV mortgages including for self-employed – exclusive

Changes are coming: Esther Dijkstra, MD Intermediaries Lloyds Banking Group

Brexit could mean future mortgage process changes to go with current pains – Clifford

Mortgage advising is an opportunity for unemployed to reinvent themselves – Marketwatch