Submitted on Sunday 09th March 2008
One third of Lenders reduce LTVs
Research by Moneyfacts indicates that one third of lenders have reduced the Loan to Values on their residential mortgages. There has been a general declinme in the availability of the more agressive solutions
Many products have been withdrawn from the market particularly in the 100% + and adverse credit sectors
In addition to this pricing has become more expensive across the board with higher fees quite normal


