Developers and lenders collaborate to offer home buyers 95 per cent LTV
New build home buyers will be able to purchase property with a five per cent deposit through a new scheme launched this week. Barratt Developments, Bellway, Keepmoat and Vistry are among the 17 builders across England, Wales and Scotland who have signed up to ‘deposit unlock’. The UK’s second largest lender Nationwide and Newcastle Building Society are involved with more lenders expected to join early next year. Homes for Scotland chief executive Nicola Barclay said: “The industry has worked hard [...]