News that mortgage lenders want permission to come back to 90 per cent lending at the same time, topped the headlines this week.
IMLA revealed to Mortgage Solutions it had sought the regulator’s help over competition rules.
Meanwhile, lenders’ criteria and LTV changes continue to dominate the top spots. Elsewhere, the revised Help to Buy scheme will soon be open for applications and new temporary regulations to protect renters means they can accrue close to 18 months’ arrears without sanctions.
Here’s what made the top ten stories this week.
Lenders seek FCA permission to re-enter high LTV mortgages at same time
Accord brings back 90 per cent LTV mortgages with permanent range
Tenants can accrue 18 months’ arrears with no eviction under temporary rules
Revised Help to Buy scheme open to applicants from December
Lenders offering smaller loans but first-time buyer affordability improves – MBT
Nationwide expands interest-only mortgages to purchase via brokers
Halifax and Platform relaunch 85 per cent LTV mortgages
Santander cuts low LTV residential and BTL rates
Cladding and building safety guidance ‘not designed for valuations’ – housing minister
New blood needed or high LTV lending might dry up – Bamford