UK first-time buyers offered more choice of 90% mortgages

Banks and building societies launch bigger range of deals requiring 10% deposit

First-time buyers have more choice of mortgage deals after several banks and building societies this week launched 90% home loans.

During much of last year, 90% loan-to-value (LTV) deals requiring a 10% deposit were thin on the ground, but in recent weeks more lenders have stepped back into this market.

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