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Interest rate, loan features, fees and lender criteria are all key features for a consumer evaluating their options. A mortgage broker is uniquely placed to be able to efficiently and fairly compare the alternatives available across major and non-major lenders.
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Leeds Building Society has eased its lending criteria, including increasing its maximum loan size from £750,000 to £1m up to 75 per cent LTV. The maximum loan it will allow for holiday-let mortgages has increased to £500,000, from £250,000. The required rental cover is now 125 per cent, down from 130 per cent. Leeds now [.]