Halifax and Virgin Money are both launching 90% LTV mortgages.
The products from Halifax are launching on 8 December and will initially be limited to just first-time buyers and non-new build properties.
Virgin Money has launched a 90% loan-to-value 5-year fix today at 3.69% with a £995 fee.
At the same time however, the lender is increasing 90% and 95% LTV product rates by up to 0.40%.
Halifax and Virgin unveil 90% LTV mortgages
Halifax and Virgin Money are both launching 90% LTV mortgages.
The supply of mortgages with a small deposit has shrunk dramatically due to the pandemic, so this represents good news for first-time buyers.
The products from Halifax are launching on 8 December and will initially be limited to just first-time buyers and non-new build properties.
Virgin Money has launched a 90% loan-to-value 5-year fix today at 3.69% with a £995 fee.
At the same time however, the lender is increasing 90% and 95% LTV product rates by up to 0.40%.
