High LTV deal is commendable but I am still miffed


In response to Abbey’s new 90% LTV product, without getting carried away I think it’s a push in the right direction.

Realistically if it’s a success for Santander other lenders will look to get involved in the higher LTV market.

But on a personal note I am reluctant to give the lender any support due to the way it has treated brokers through a difficult business period. But if you avoid them you have a Treating Customers Fairly problem, which oddly doesn’t seem to effect lenders.