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Top 10 biggest mortgage broker stories this week – 09/10/20

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  • 09/10/2020
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Top 10 biggest mortgage broker stories this week – 09/10/20
The biggest story of the week has unsurprisingly been Boris Johnson's plan to release a new 95 per cent mortgage scheme, which he claims could be a lifeline to many first-time buyers.

 

Lender product updates have again made the most-read list, as it is revealed high loan to value rates have hit a five-year high.

A criminally obtained property empire also captured attention this week, as well as regulator concern over how lenders will treat customers coming to the end of mortgage payment holidays.

 

Boris Johnson plans 95 per cent mortgage scheme

 

Nationwide raises high LTV rates by up to 35 basis points

 

NatWest increases rates by up to 25 basis points

 

‘Criminally obtained’ £10m property empire seized from businessman linked to organised crime

 

High LTV rates hit five-year high adding thousands to mortgage bills

 

FCA warns lenders over support for mortgage customers in financial difficulty

 

TSB first bank live through Iress’ lender connect system

 

Landlords rebuke PM over rented housing claims

 

‘We want to return to 90 per cent LTV in a way that protects brokers’ – Kensington

 

‘It is a disservice to deny clients a mortgage based on lender distrust’ – Marketwatch

 

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