Halifax Intermediaries and BM Solutions to relaunch higher-LTV products

Lloyds Banking Group has announced that its intermediary lending brands, Halifax Intermediaries and BM Solutions, will relaunch a number of higher-LTV mortgage products later this week.

Related topics:  Mortgages
Rozi Jones
30th March 2020
Lloyds

Last week, Lloyds withdrew all residential purchase and remortgage products above 60% LTV across its intermediary brands in response to the Covid-19 outbreak.

Speaking to Financial Reporter, a spokesperson from Lloyds Banking Group confirmed that Halifax Intermediaries will relaunch products over 60% LTV early this week, with BM Solutions to follow shortly after.

Lloyds also confirmed that it has processed more than 95,000 mortgage holiday applications.

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