LTV

Alliance & Leicester has cut fixed rates on a number of mortgages for customers with large deposits.

Royal Bank of Scotland has cut rates on some of its intermediary mortgages today.

Nationwide will cut its base mortgage rate by 0.3% from 1 November, well below the 0.5% cut made by the Bank of England.

Nationwide Building Society will implement a new maximum LTV of 85% for mortgages sold through intermediaries.

The number of mortgage products available in the UK has fallen to its lowest level since the onset of the credit crunch, with total numbers down 12.5% since August, according to Moneyfacts.co.uk.

Abbey for Intermediaries has announced its tracker and offset mortgage rates will not change despite the Bank of England's recent base rate cut.

From today, mortgage advisers will be able to filter leads from Leadbay by providing a maximum loan to value (LTV) figure.

The number of mortgages available to people with smaller deposits has dived by 45% over the past twelve months.

GE Money has hiked mortgage rates across its Igroup and First National brands after another mortgage business, part-owned by the firm, was put into administration.

Skipton Building Society will cut interest rates on its fixed rate mortgage range on Monday 8 September.