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MoneySuperMarket: 95% LTV availability up 1262% | Mortgage Introducer

In the six months since January 2021, the number of 95% loan-to-value (LTV) mortgages has increased by 1262%, from 13 to 177, according to data collected by MoneySuperMarket. Looking at values and product type, MoneySuperMarket finds the average amount searched for is £213,000, while 2-year fixed (40%) and 5-year fixed (28%) are the most popular mortgage types for Brits. Just over half (51%) of homebuyers viewed the tax holiday as a helpful intervention that kept the housing market moving in uncertain times. However, the remaining 49% think it fuelled a housing bubble that will burst – a belief felt most strongly by buyers in the South East (59%), East Anglia (51%) and London (50%).

Stamp duty taper and 95% LTVs buoy mortgage searches: MoneySuperMarket

Stamp duty taper and 95% LTVs buoy mortgage searches: MoneySuperMarket
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Half of those who moved house in the pandemic regret paying too much

Nearly a quarter of home buyers paid over the asking price during the pandemic  A recent survey reveals that half of UK home buyers regret how much they paid Nine in ten say they had found problems they hadn t noticed during viewings Many buyers rushed ahead with purchases after only seeing the property once  Others didn t visit at all, relying instead on video viewings and photos 

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