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HSBC Announces Loan to Value (LTV) Reduction for New Build Properties

Great news for anyone desperately trying to save a deposit for a new build house. HSBC is to increase it's LTV maximum from 75 to 85 per cent making things a great deal easier for the housing market in general and first time buyers in particular.
http://mortgagemap.co.uk/news/hsbc-announces-loan-to-value-ltv-reduction-for-new-build-properties/