Lenders to offer more low deposit mortgage deals but tighten criteria, says Bank survery | Mail Online
Lenders expect to offer a great range of mortgage deals to struggling first-time buyers in the next few months – but they will make them harder to get, a survey showed today.
The Bank of England said lenders were planning to launch more innovative deals on high loan-to-value mortgages - those where borrowers, like most first-time buyers, have smaller deposits.
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