Dozens of banks and building societies have withdrawn more than 1,300 types of mortgage over the past two weeks.
The COVID-9 pandemic have forced lenders reassess risk with higher loan-to-value mortgages and purchases. Some consumers have seen their credit limits shaved.
Also consumers have noticed a lag time to day-to-day transactions, giving an indication of the major impact the pandemic is having on the banking and lending business.
Lenders have pulled loans for people buying a new property and the majority of loans are being extended homeowners re-mortgaging.
Why lenders are pulling back
It is not all doom and gloom