UK financials How are high loan-to-value mortgage offers trending in the UK?

Increased risk-aversion due to COVID-19 led many banks to raise rates or limit their offering of high loan-to-value mortgages. The situation now appears to be easing.

04 Jun 2020
  • Interest rates on high-LTV loans fell in April and May compared to March.
  • In particular, Barclays' rates fell by 10bps between April and May.

Overall Aggregate Mortgage Loan/Value Interest Rate

Source: UBS Evidence Lab

Barclays: Mortgage Loan/Value Interest Rate

Source: UBS Evidence Lab