Top ten most read mortgage broker stories this week – 12/03/2021

Top ten most read mortgage broker stories this week – 12/03/2021

 

Concerns that restrictive loan to income (LTI) policies could freeze first-time buyers out of the market, drove an analysis of the impact of LTIs on first-time buyers to the top of the most read stories this week.

Elsewhere, innovation from Habito in the form of a 40-year mortgage and Metro’s foray into near prime lending grabbed attention.

Updates to the cladding guidelines and an extension to the eviction ban made for a busy week in the mortgage and housing markets.

 

Loan to income changes could shut first-time buyers out of 95 per cent market – analysis

 

Mortgage commitments soar as high-LTV lending plummets and rates rise – FCA

 

Metro Bank launches near prime mortgage range

 

TSB reduces high LTV rates and Accord amends affordability calculations

 

Tightening mortgage affordability will limit house price rises – OBR

 

RICS updates EWS1 cladding guidance to ‘unlock’ the market

 

Updated: Habito launches 40-year fixed rate mortgage with £1bn fund and stepped LTIs

 

Eviction ban extended – but still no financial support for tenants

 

NatWest cuts rates and sets up stamp duty broker support line to push cases through

 

Virgin Money and Atom Bank execs join Perenna ahead of 30-year mortgage launch