Mortgage deals plummet as lenders play safe

Mortgage deals plummet as lenders play safe

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

Borrowers able to offer 10% of the value of a home as a deposit could have chosen from 779 deals at the start of March, data from Moneyfacts shows.

Six months later, the choice was now down to around 60, the…

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