The Sunday Times - Banks continue to hold back on home loans
Banks and building societies are reining in lending to first-time buyers, potentially frustrating the government’s attempts to boost the housing market through the stamp duty exemption on properties up to £250,000.
Aaron Strutt of Trinity Financial, the broker, said: “The best two-year fix for those with a 10% deposit is Nationwide building society’s at 5.98% with a £495 fee. However, you need a current account to get this deal.”
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