First time buyers
Barclays is set to increase the maximum LTV of its Woolwich mortgage fixed rate range to 90% LTV from tomorrow.
David Cameron has promised up to 200,000 extra affordable homes as he unveiled plans to extend Margaret Thatcher's 'right-to-buy' programme.
Overall lending for house purchases hit its highest level in almost a year in July, according to the latest figures from the Council of Mortgage Lenders (CML).
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Phil Whitehouse, head of The Mortgage Alliance (TMA), examines what action brokers can take to make sure they don't lose out in a dual-pricing environment.
There is further bad news for interest-only borrowers, with Nationwide and Halifax the latest lenders to cut their maximum LTVs to 75%.
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