Page 18 - June 2020 - Is it a good time or bad time to invest in property - Brochure Final
P. 18
Current Lending
Sitution in the UK
Major lenders, such as Halifax, Nationwide and
NatWest have withdrawn all lending over 80%
LTV (loan to value) and some of the smaller
lenders have shut their doors completely until
they can get a better understanding of what
the future holds
The BTL market has felt the crunch as some of
their biggest players have pulled back from
lending until they too can get a feel for what
tye of world we will end up with.
There is some good news though; for those that
have the required deposit. Lenders have never
had lower interest rates;