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Barclays is set to increase the maximum LTV of its Woolwich mortgage fixed rate range to 90% LTV from tomorrow.
The average interest rate for a 90% LTV two-year fixed rate deal has dropped to its lowest level since January 2008, at 5.39%, according to Moneyfacts.
Annuity and equity release provider Just Retirement has more than doubled the maximum initial loan amount available from its equity release product.
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Lenders fear residential lending could be restricted further over the next three months, according to a Bank of England (BoE) report.
State funded banks are becoming less willing to actively compete with privately owned rivals, according to Moneyfacts.
Woolwich is introducing a new 75% tier on its fixed and tracker range for the first time in more than a year.
HSBC is making an additional £0.5bn of mortgage funding available to homebuyers with deposits of 10%.
Sesame is calling for lenders to resume normal risk-based lending and to increase loan to values (LTVs) to a minimum of 90%.
Scottish Widows Bank has expanded its first time buyer range with an offering for key workers as an alternative to the Government’s Open Market Homebuy scheme.
Residential buy-to-let landlords on average are only carrying 41% loan-to-value gearing a survey commissioned by Paragon Mortgages suggests.
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