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Old 05-08-2008, 01:17 AM
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Post Woolwich abandons 95% LTV

Woolwich has become the latest mortgage company to reduce its loan-to-value (LTV) ratio for new customers. The lender, which forms part of the Barclays group, is withdrawing all products with LTVs exceeding 90% from Thursday 8 May. These include a 5% LTV lifetime tracker plus five-year fixed-rate and standard variable rate loans. The move, which follows last week’s [...]

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