The dominant theme of the week, without a doubt, was high loan to value (LTV) mortgage deals.
Expanded ranges, rate cuts, new entrants and criteria changes are what made advisers sit up and take notice the most this week.
In top spot, was Santander’s decision to add more high LTV deals to its range and its Brexit-focussed lending criteria changes was the third most read story of the week.
Despite Halifax’s announcement late in the week that it too would re-join the 90 per cent LTV market, for first-time buyers only, it was still the fourth most popular story such is the buzz around the next big lender to come back and support low deposit lending.
Here’s this week’s top ten stories on Mortgage Solutions:
Santander adds high LTV mortgages and fee-free range
TSB adds more 90 per cent LTV mortgages as Halifax and BM Solutions tweak rates
Santander makes mortgage lending criteria changes ahead of Brexit
Halifax re-entering 90 per cent LTV mortgages
Two-year fixed rates at 90 per cent LTV now highest for almost six years
NatWest requires payslips for furloughed borrowers returning to work
Reliance Bank reintroduces key worker mortgages up to 90 per cent LTV
Precise head of sales Jamie Pritchard exits firm
Compare the Market launches online execution-only remortgages
‘Every application is a battle’ but the crisis is driving change – Marketwatch
Samantha Partington is a freelance trade and consumer journalist writing about property and personal finance. Previously she worked worked for the Daily Mail and Property Week. She is the former deputy editor of Mortgage Solutions and editor of Specialist Lending Solutions.
Before becoming a journalist, Samantha worked as a mortgage broker and latterly for a mortgage, bridging and secured loan lender. Samantha is CeMAP qualified. Follow her on Twitter @SamJPartington1.