The number of 95% loan-to-value (LTV) mortgages available has more than halved following former Chancellor Kwasi Kwarteng’s disastrous mini-Budget last month.
Data from Moneyfacts shows that there are currently 137 95% LTV mortgage products on the market at present, down from 283 on 23rd September.
Lenders are still launching products, however, with the Skipton launching a 95% range, including a limited edition 6.41% 2-year fix.
Overall mortgage availability is improving according to Moneyfacts data. Some 3,067 were available as of yesterday, up from 2,258 at the beginning of October.
