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DB updates criteria
26 September, 2007
DB Mortgages has amended its criteria with immediate effect.
The maximum LTV on its non-conforming range is now 75 per cent, although near prime, near prime plus and super light have been reduced to 90 per cent LTV.
Self-cert across its product range has also been cut to 75 per cent. It has also introduced a higher credit score pass on its product range.
All offered business will not be affected, however unoffered pipeline cases will not be honoured by the lender.