During the early months of the year there have continued to be a good selection of products available at 80% LTV from a number of lenders including Kent Reliance, The Mortgage Works, Aldermore, Leeds Building Society, Kensington and Precise. Kent Reliance remains the only lender offering 85% LTV products, although we may see some others extend their thresholds later in the year.
The 75% LTV bracket has been very competitive during the Q1 2013 with some excellent fixed and variable rates for investors to choose from. Landlords are clearly taking advantage of the improved market conditions to employ higher gearing in their properties, as the average LTV for mortgage offers processed by Property Hawk Mortgages in Q1 was up to 74.84% and the average loan size was £155,654.
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Your home may be repossessed if you do not keep up repayments on your mortgages.
The Financial Services Authority does not regulate some forms of mortgage.
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