Lenders’ Reluctance Over 90% Mortgages Grows
Mortgages with a 90% loan-to-value (LTV) are likely to remain scarce whilst employment figures and the economy remain fragile, expert lenders have warned. With a second lockdown announced for England, an unemployment spike is expected, making lenders wary of committing to anything high-risk. At a recent video conference organised by St James Place, various experts…