Little change in high LTV mortgages
Chris Ison/PA Wire
Would-be home buyers with a 5% deposit have only seven more mortgage choices available to them since an £80 billion scheme to boost lending started two months ago, a study has found.
While the "already well-serviced" market for those with deposits of 20% or more has continued to grow, little has changed for those scouring for a mortgage deal with smaller amounts put by, consumer help website Moneyfacts said.
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