Already this year, there have been a number of changes in the mortgage application process, but three areas in particular seem to have the biggest impact. The good news is that all three are a positive step by lenders to ease mortgage criteria and open up options that that could save you money on your mortgage borrowing or associated costs. Deposit levels Both residential and BTL mortgages have seen shifts in the level of deposit needed. On the residential front we now have over thirty lenders offering mortgages with a deposit as little as 5% and with no real difference in lending criteria to those who have larger deposits. With parental backing it is now possible to.. read more →