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The Budget brought good news for the industry with the announcement of a new mortgage guarantee scheme for 95% LTV loans. The move has rekindled interest and momentum among first-time buyers keen to get on to the property ladder. As a result, you may be getting many new purchase enquiries and leads interested in 95% LTV products. Below is a breakdown of the current trends we’re seeing which can help you quickly qualify your leads and manage expectations.
Take a look at everything we know so far about 95 ltv mortgages. So, what we do know is Chancellor Rishi Sunak announced plans for a new 95% LTV mortgage guarantee scheme in the Spring Budget. But what’s it all about? In a nutshell, the initiative aims to help people who have just a 5% deposit buy a home or remortgage.
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