Lender product changes were the theme of the week, as banks and building societies adapt to the fast-moving mortgage environment.
Santander’s cut to landlord income sources, TSB’s one day return to 90 per cent loan to value (LTV) lending and Barclays’ withdrawal of 75 per cent LTV deals made up the top three stories this week.
A warning from the deputy Bank of England governor over negative interest rates and tips on how to spot mortgage fraud were also among the most read articles.
Santander cuts landlord income sources for BTL affordability
TSB returns to 90 per cent LTV mortgages for one day only
Barclays pulls 75 per cent LTV deals
Accord and Halifax increase high LTV rates
Virgin Money launches high LTV deals and cuts rates
Bank of England deputy governor warns over negative interest rates
NatWest relaxes affordability rules for mortgage prisoners
Accord and Nationwide raise rates on low LTV deals and PTs
‘Don’t be afraid to ask probing questions’ to prevent mortgage fraud, brokers told
HSBC and Santander increase high LTV rates by up to 0.3 per cent