HBOS opens door to 100% mortgages
14/04/2009
Banks have begun to ease their ban on homeowners who borrowed more than the value of their property, in a sign that lending criteria may be beginning to ease.
For the first time in more than a year, HBOS part of Lloyds Banking Group, is offering to lend homeowners 100 per cent mortgages.
source: www.ft.com/uk