Bank of Mum and Dad set to step in as high-LTV mortgages dry up

Bank of Mum and Dad set to step in as high-LTV mortgages dry up

Bank of Mum and Dad set to step in as high-LTV mortgages dry up

Banks have been pulling first-time buyer loans, but parents are ready to help

Stephen Little
Mon, 06/29/2020 – 11:36

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Lenders have been pulling high loan-to-value (LTV) mortgages because of the coronavirus pandemic, but the Bank of Mum and Dad could step in to help out first-time buyers.

Mortgage broker Private…

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