First-Time Buyers Offered More Choice Of 90% Mortgages

First-time buyers have more choice of mortgage deals after several banks and building societies this week launched 90% home loans. During much of last year, 90% loan-to-value (LTV) deals requiring a 10% deposit were thin on the ground, but in recent weeks more lenders have stepped back into this market. A three-year fixed-rate 90% deal priced at 3.4% and with a £199 upfront fee has been launched by Nottingham building society. It also rolled out a two-year fix at 85% LTV with a rate of 2.6% that has no fees. Read more on the Guardian website.

https://www.theguardian.com/money/2021/feb/20/uk-first-time-buyers-offered-more-choice-of-90-per-cent-mortgages