Halifax and Virgin unveil 90% LTV mortgages

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Halifax and Virgin Money are both launching 90% LTV mortgages.

The products from Halifax are launching on 8 December and will initially be limited to just first-time buyers and non-new build properties.

Virgin Money has launched a 90% loan-to-value 5-year fix today at 3.69% with a £995 fee.

At the same time however, the lender is increasing 90% and 95% LTV product rates by up to 0.40%.

Halifax and Virgin unveil 90% LTV mortgages

Halifax and Virgin Money are both launching 90% LTV mortgages.

The supply of mortgages with a small deposit has shrunk dramatically due to the pandemic, so this represents good news for first-time buyers.

The products from Halifax are launching on 8 December and will initially be limited to just first-time buyers and non-new build properties.

Virgin Money has launched a 90% loan-to-value 5-year fix today at 3.69% with a £995 fee.

At the same time however, the lender is increasing 90% and 95% LTV product rates by up to 0.40%.





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