TITLE

Barclays in bid to boost new-build market share

AUTHOR(S)
Thomas, Paul
PUB. DATE
May 2013
SOURCE
Money Marketing (Online Edition);5/8/2013, p4
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports that Barclays PLC is looking to ramp up its presence in the new-build sector by loosening its lending criteria. The lender will consider new-build applications up to 85 percent loan-to-value (LTV) for purchases and 80 per cent LTV for remortgages or additional borrowing. The Council of Mortgage Lenders does not collect detailed data on the size of the new-build sector.
ACCESSION #
87654376

 

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