HBOS to offer new mortgage at 125% of value | FT

05 Nov Posted by cahn in Europe, Finance, Property, Retail

HBOS to offer new mortgage at 125% of value - HBOS, the UK's biggest lender, is to start offering mortgages that allow people to borrow more than the value of their property, in a move that will make such products more accessible. [Financial Times - Financial Services]