90%+ LTV products now account for over 22% of all borrowing, indicating more buyers are stretching their deposits due to affordability pressures.

The high-LTV product range is available to first-time buyers or existing homeowners looking to purchase, upsize or remortgage.

Average LTVs on new mortgages are much higher in Scotland.

RAW Capital Partners will offer a single 70% LTV first charge for all cases.

The update offers borrowers greater flexibility and access to funding.

Nationwide is also removing the requirement for these applicants to provide at least 25% of the total deposit from their own resources.

London Credit has also updated its valuation methodology.

The lender has increased its LTVs by 5% across its Clear, AAA, AA, and A product tiers.

The new 95% LTV range is available for purchase, remortgage and first-time-buyer applications.

The 5% LTV increase applies across LiveMore 1, 2 and 3 standard interest-only products.