Tag: loan to value ratios

Barratt homebuying scheme allows parents to borrow on behalf of kids

Barratt homebuying scheme allows parents to borrow on behalf of kids

Barratt Developments has announced a tie-up with Hitachi Capital (UK) that will allow parents to borrow money to help their children onto the property ladder. The developer claims the scheme is unique in the market, having been specifically designed to address current mortgage restrictions on loan-to-value ratios. Barratt sold 4,832 homes during the second half [...]

January 13, 2011 | 0 Comments More
Mortgage lending to remain “stable but small”

Mortgage lending to remain “stable but small”

New mortgage lending showed a month-on-month fall of 4% in October, with 46,000 loans for house purchases advanced, according to the Council of Mortgage Lenders (CML). At £6.7 billion, the value of the advances was down 6% on September and 12% on October 2009, although last year’s figure was bolstered by buyers taking advantage of [...]

December 10, 2010 | 0 Comments More
Lenders soften up on loan-to-value ratios

Lenders soften up on loan-to-value ratios

Lenders are softening up on their loan-to-value (LTV) ratios, according to MoneyExpert.com. Research by the price comparison website shows the number of fixed-rate deals at 90% LTV or above almost doubling in the last 12 months, with 147 products to choose from today, up from 78 this time last year. However, those seeking LTVs of [...]

February 25, 2010 | 0 Comments More
Lenders optimistic on higher loan-to-value ratios

Lenders optimistic on higher loan-to-value ratios

In its latest Credit Conditions Survey, the Bank of England reports that the availability of mortgages with loan-to-value (LTV) ratios above 75% remained broadly unchanged during the three months to mid-June. However, improvements in the cost and availability of funds meant that a small majority of lenders reported an increase in the availability of secured [...]

July 2, 2009 | 0 Comments More