The number of 95 per cent loan to value loans has increased

26 February, 2013

it looks like 95% loan to value (LTV) products are becoming increasingly popular again. According to the Building Societies Association, in early summer last year there were about 64 such products available on the market but this has now increased to 87 products available for first time buyers.

Much of this increase has come from building societies and other mutual lenders, which were recently offering 47 out of the 87 products on the market.

The number of mortgage products available in the market for all LTVs has also increased over the same period, but in proportionate terms the increase in the number of 95%+ LTV loans for first time buyers has been greater.

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