Ban on 100% home loans dropped | Money | The Observer: "There has been no widespread return of the 100%-plus loans offered in the boom, but mainstream lenders are now offering 90% deals, which virtually disappeared after the crash. These could be vulnerable in any crackdown on high-LTV mortgages, with some in the Treasury said to be initially advocating a maximum LTV of 85% or even 75%"
Politicians and their civil servants are good at knee-jerk reactions to perceived problems. The problem is that they are long gone by the time their acts or omissions have damaged the markets.
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