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 [...]
More: Woolwich abandons 95% LTV