Tuesday, April 21, 2009

The end of the big LTV mortgage

Anyone who wants to buy a house today needs to come to the market with a huge deposit. A year ago, around 60 percent of mortgage products offered customers the opportunity to borrow 90 percent or more of the house price. Today, that figure is a litte over seven percent.


  1. Where will the BTLers go now?

  2. 7% still 90+ LTV? Thank god for government owned banks....

  3. What surprises me is the 62.7% figure. It says that the majority of the British mortgage industry was garbage.

    A link is on the way.