Hbos Penalises Borrowers with Smaller Homebuying Deposits
Birmingham Post › April 05, 2008
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Summary
Britain's biggest mortgage lender yesterday announced new rates to reward customers with larger deposits.
Halifax said it would be rewarding customers who had at least a 25 per cent deposit with a rate which was typically 0.1 per cent lower than those who were borrowing a higher proportion of their property's value.See the full content of this document
Extract
Hbos Penalises Borrowers with Smaller Homebuying Deposits
It has also introduced a second loan-to-value (LTV) tier of 75 per cent to 90 per cent, and a third tier of 90...
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