High loan to value (LTV) mortgages remained a hot topic with the biggest story this week the launch of a family assist mortgage from the Tipton, which allows first-time buyers to get on the ladder with a deposit of just one per cent.
First-time buyers were also in the news as the Mortgage Solutions poll found gifted deposits are the top means of parental support in the pandemic.
There was also a number of product updates in the biggest stories this week, as well as a solicitor who was struck off for using stamp duty to keep their business afloat.
Tipton launches 99 per cent LTV family assist mortgage
Solicitor struck off for using £300k stamp duty to keep business afloat
Nationwide ups high LTV rates by 0.5 per cent
Gifted deposits top parental support for first-time buyers in pandemic – Poll result
Landlords can take advantage of stamp duty cut with limited company moves – Cleary
Self-employed can claim second SEISS grant
Platform withdraws BTL mortgages and re-introduces 90 per cent LTV deals
Less than two thirds of mortgage offers hit completion as lenders struggle with demand – IMLA
High LTVs available on seconds as lenders halt further advances – Perry
Accord withdraws all 60 per cent LTV BTL deals