PPRuNe Forums - View Single Post - Growing evidence that the downturn is upon us....
Old 4th April 2008 | 12:50
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Wee Weasley Welshman
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Joined: Feb 2000
: ATPL
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From: England
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...


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