100% LTV Mortgages Are Back on the Menu – But Only for the Super Rich

The ongoing impact of the Coronavirus has seen many mortgage lenders pull nearly all of their highly leveraged mortgage products from the market. However, 100% loan to value mortgages are now back on the menu, the only caveat being you have to be super-wealthy to secure one. It isn’t the first time that mortgage products requiring a small or no deposit have evaporated from the market, with a similar trend seen following the financial crash in 2008. However, their prevalence had started to grow with a 130% increase in available 95% LTV mortgage products seen last year compared to five … Continue reading 100% LTV Mortgages Are Back on the Menu – But Only for the Super Rich