Friday, February 22, 2008
There are now no lenders offering a combined mortgage and unsecured loan range with the potential value of up to 125 per cent LTV
BM Solutions has confirmed it will be withdrawing its Mortgage Plus product after every other lender in the 125 per cent loan to value market pulled out this week. This comes after Alliance & Leicester, Abbey, Coventry Building Society and its subsidiary Godiva Mortgages all announced their withdrawal from the market on Tuesday. Northern Rock was quick to follow with confirmation yesterday that it would be withdrawing its Together range from the end of play.