Sesame calls for 90% minimum LTVs

clock

Sesame is calling for lenders to resume normal risk-based lending and to increase loan to values (LTVs) to a minimum of 90%.

John Cupis, managing director of mortgages and general insurance at Sesame, says first time buyers hold the key to building the momentum behind a sustainable recovery. However, he believes this will never happen if lenders do not step up to the plate and start lending at higher LTVs. He says: "Now is the time to resume normal risk-based lending and to move back to the core competency of assessing risk and demonstrating underwriting skills. "Government-owned banks have recently made some effort to lend at higher loan to values, but what is really needed is a widespread commitment by...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Advisers warn salary sacrifice cap risks deterring pension saving

Advisers warn salary sacrifice cap risks deterring pension saving

Restriction will raise £4.7bn in 2029/30

Sahar Nazir
clock 27 November 2025 • 3 min read
Advisers on cash ISA allowance cut: Move welcome but education concerns persist

Advisers on cash ISA allowance cut: Move welcome but education concerns persist

Limit cut from £20,000 to £12,000 confirmed in Autumn Budget today

Sahar Nazir
clock 27 November 2025 • 3 min read
Reeves promises to not 'return back to austerity' in pre-Budget message

Reeves promises to not 'return back to austerity' in pre-Budget message

'Biggest drive for growth in a generation'

Michael Nelson
clock 26 November 2025 • 1 min read