We have removed mortgages over 60 per cent loan to value from sale, with the exception of product transfers and further advances.
Product transfers, further advances and direct to lender applications will continue as normal.
The outbreak of Covid-19 has had a direct impact on our processing resources which has led to the withdrawal of new mortgage and remortgage products across our residential range for borrowers with a deposit of less than 40 per cent.
We want to continue to focus on our existing customers and support them with payment holidays to keep their breathing space on their mortgage payments.
This withdrawal of products is a temporary measure and will update brokers regularly with more information.