Virgin Money has temporarily withdrawn its 90% LTV purchase, remortgage and new build products “following a strong increase in demand”.
The lender said it’s seen strong demand after being one of only a few lenders offering 10% deposit products.
The lender still provides 85% LTV products.
Virgin said it wanted to protect its service for existing customers as well as pipeline applications.
The 90% LTV products are still available for existing customers looking to switch products.
This post has originally been featured in Property Wire.