Category: First Time Buyers

Banks risk a mortgage credit crunch as 90% of small deposit home loans are axed in lockdown

30 Jun, 2020 | First Time Buyers, Mortgages, Residential mortgages

Banks risk a mortgage credit crunch as 90% of small deposit home loans are axed in lockdown – a steeper fall than during the financial crisis Lenders pull high LTV loans faster than they did in the 2008 financial crash More than 90% of the 10% deposit mortgages...