I note on the news right this second that the UK's largest mortgage provider the Halifax has just announced (as of Monday) a hike in its interest rates.
For those borrowers who can only afford to put a deposit of between 10-24.9 per cent, HBOS will charge them 0.14 per cent more.
So basically a Higher Lending Charge for LTV's above 75%. There goes the second holiday or weekend break plans...
WWW