Britannia Building Society has stopped lending at 90% LTV, having completed its trial period after lending £300m to first-time buyers since June.
A spokeswoman for Britannia said the introduction of 90% LTV options was always intended to be for a limited period.
She added: “We have now reached our lending limits for 90% mortgages and will be changing our maximum loan-to-value to 85%. In the coming months we will continue to review our mortgage range in line with market conditions.”
