Halifax mortgage - changes to LTV
April 4th, 2008
- Posted by giftwrap
- Filed under Mortgage Lenders
- Halifax mortgage - changes to LTV
As from Monday 7th April Halifax one of the UK’s largest lenders is to ‘reward’ buyers who can put down a larger deposit, whilst reducing its highest loan-to-value from 97% to 95% for almost everyone.
Those who can afford a 25% plus deposit will be charged one-tenth a percentage less than the customers with a lower deposit.
With many lenders changing their ‘rules’, ‘offers’ and products it is important to speak to a local independent mortgage broker who can source the whole of the market for the right deal.
