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BBC News - Mortgage deals plummet as lenders play safe

Aaron Strutt Image

Low-deposit mortgage deals available to borrowers have plummeted in recent months as lenders play safer during the economic fall-out from coronavirus.

Aaron Strutt, of Trinity Financial, told the BBC that lenders had to balance the books, and that meant a spread of borrowers ranging from first-time buyers - who might be more risky if house prices fell - to those borrowing a far smaller proportion of the value of a property.

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