TITLE

Cost of 95% LTV mortgages on the rise

AUTHOR(S)
Brennan, Henry
PUB. DATE
May 2013
SOURCE
Money Marketing (Online Edition);5/23/2013, p36
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports that for a 95 percent loan-to-value (LTV) two-year fix, borrowers with a 5% deposit are paying 14 basis points more than they paid in September 2011. It is noted that despite government attempts to boost lending to those with small deposits there has been a rise in the cost of 95% loan-to-value two-year fixed products over the last 18 months.
ACCESSION #
88066770

 

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