Britannia pulls 10%-LTV mortgages - Finance & Money Forums

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Britannia pulls 10%-LTV mortgages

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10-09-2009, 01:35 PM

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Britannia pulls 10%-LTV mortgages

First time buyers are being further squeezed out of the mortgage market with one of the UK’s biggest lenders pulling its 10% deposit products.Britannia, which merged with Co-operative Bank earlier this year, said it will no longer offer mortgages to borrowers with a 10% deposit.The news further diminishes the tiny number of lenders willing to [...]

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