BBC - Major lenders return to low-deposit mortgages
Some major UK lenders have returned to selling mortgages to homebuyers only able to offer a small deposit.
Building society Nationwide, and bank Santander have just launched mortgage products at 95% loan-to-value.
That would require a borrower to come up with a deposit of 5% - about £13,850 for a typical home.
Aaron Strutt, of Trinity Financial, told the BBC: "It is great to see more lenders offering straightforward 5% deposit mortgages and specifically targeting first-time buyers.
"We have been waiting a long time for the biggest banks to return to this market."
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