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Mortgage lending at over 90% LTV is at highest levels since 2008
A loosening of mortgage lending rules has seen the number of mortgage advances with loan-to-value (LTV) ratios exceeding 90% increase to the highest levels since 2008, according to the latest Mortgage Lenders and Administrators Statistics from the Bank of England. Mortgages above 75% have increased to their highest share since 2007, at 47.5% of total advances. The Bank of England’s
Mortgage lending at over 90% LTV is at highest levels since 2008
A loosening of mortgage lending rules has seen the number of mortgage advances with loan-to-value (LTV) ratios exceeding 90% increase to the highest levels since 2008, according to the latest Mortgage Lenders and Administrators Statistics from the Bank of England. Mortgages above 75% have increased to their highest share since 2007, at 47.5% of total advances. The Bank of England’s
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