This week news was dominated by half of the big six lenders making changes to their mortgage offerings, with HSBC withdrawing 95 per cent loan to value (LTV) deals while Nationwide and Halifax brought maximum lending back to 85 per cent LTV.
Other most read stories took a look at the state of the mortgage market, with news that approvals had dropped significantly, and the suggestion that low interest rates would help the sector to recover once the worst of the pandemic passes.
Halifax and Nationwide relaunch 85 per cent deals
Mortgage rates must be kept low for housing market recovery – Rightmove
Mortgage approvals to drop by 350,000 in 2020 – Knight Frank
HSBC removes 95 per cent LTV deals from sale
Coronavirus will prove tipping point in valuations – Countrywide
‘Challenging a valuation is akin to reinventing the wheel’ – poll results
Taylor Wimpey to reopen building sites
Richard Branson offers to mortgage Caribbean island to save Virgin Atlantic
Landlords ‘preparing for bargain house prices’ after coronavirus
BM Solutions adds PTs for landlords on payment holiday
Shekina is a reporter at Mortgage Solutions. She has over two years experience in the B2B publishing market, with previous industries including the pet, funeral, hospitality, retail and jewellery trades.
Follow her on Twitter at @ShekinaMS