Boost for mortgage lending

The number of mortgages available to prospective home-buyers has started to expand, according to the Moneysupermarket website. The group also claimed that lenders are offering high loan to value (LTV) ratio deals. “Since April, there has been a 14 per cent increase in the number of 75 per cent LTV mortgages available, rising from 636 to 725,” it said. “For 80 per cent LTVs, there has been a 17 per cent increase, from 381 to 446.”