The Times - Bricks and Mortar - How runaway rents got me a deposit and my father a new home
The lenders' view The CML declares that 'lenders really are open for business' and Aaron Strutt, of Trinity Financial mortgage brokers, agrees "but only up to a point.
"We are getting there," he says. There has been some relaxation in the 'loan-to-value' bandings. Under this system, loans become progressively cheaper as the deposit that the borrower can produce rises.
Click here to view the full story: http://www.thetimes.co.uk/tto/life/property/article3687381.ece#tab-1 £
February 15, 2013