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BBC Online - Mortgage deals still being rationed by lenders

Aaron Strutt Image

Mortgage lenders continue to ration the size of their loans to home buyers and people remortgaging.

Aaron Strutt, of mortgage brokers Trinity Financial, todl the BBC there were only four deals on general offer with just a 5% deposit. And deals from the big banks with 10% deposits were often very expensive.

"RBS have one of the worst rates available for first-time buyers with a 10% deposit - 6.89% fixed for five years."

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As seen in
sunday times telegraph financial times bbc news the express the times
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