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money returning to the market
lenders are increasing the loan to value (LTV) percentages that they are willing to lend for mortgages. Over the past 3 to 4 weeks more lenders are offering 85% and 90% LTV mortgages - and we see every reason why this trend will continue as property prices stabalise. This is good news for buyers and also for vendors as a lack of finance has been the major difficulty for the property market.
© YOUhome® Published 30/11/2009