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High LTV lender numbers plummet

The number of lenders offering 100% LTV mortgages has slumped by 60% in just six months, according to research from

The website’s study shows that only nine lenders still offer 100% LTV mortgages – 13 fewer than six months ago.

The number of products on offer has also fallen from 162 to just 39, with 6.14% the lowest rate available.

Francis Ghiloni, marketing and business development director at, says: “The 100% LTV mortgage isn’t dead yet but borrowers who don’t have deposits have significantly less choice and are having to pay more.”

Lenders that remain in the 100% LTV market include the Royal Bank of Scotland, NatWest, Abbey, Bristol & West and Scottish Widows Bank. Stroud & Swindon exited the market on Friday.


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