Halifax pledges to continue 95% LTV lending

Ryan Bembridge

December 2, 2016

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Halifax Intermediaries has vowed to continue supporting 95% loan-to-value lending after the Help to Buy Mortgage Guarantee scheme expires at the end of the year.

The lender will launch a new range of products, with details being announced in December.

Ian Wilson, head of Halifax Intermediaries, said: “We will share full product details with intermediaries in the coming weeks so they can confidently continue supporting the needs of their clients with higher LTV lending beyond the scheme’s end date.”

Applications for the Help to Buy scheme will be accepted until 31 December 2016.

Mike Jones, managing director, intermediaries and specialist brands, Lloyds Banking Group, said: “As a leading supporter with 30% of all mortgages in the Help to Buy Mortgage Guarantee scheme, continuing to lend to this area of the market is a key part of our commitment to helping first-time buyers on to the property ladder.”

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