Family Building Society has brought back its 95 per cent loan-to value mortgage deal for first-time buyers from today.

The Family Support Mortgage requires borrowers to have a relative willing to use their savings or their own home as a security.

The borrower’s helper can also use a combination of savings and property to support the application.

The product is offered as a five-year fixed rate of 2.99 per cent with a £774 fee and £250 cashback, reverting to a rate of 4.39 per cent.

An offset version of the product is also available.

It is one of the few lenders currently offering deals over 90 per cent LTV.

Family Building Society has also reduced rates across its buy-to-let range which is available up to 65 per cent LTV.

It is offering standard owner occupied mortgages at up to 75 per cent LTV for borrowers without a family helper.

Last week Nationwide Building Society withdrew its 95 per cent LTV deals for all but existing borrowers.

Earlier today Platform announced it was returning to 90 per cent LTV lending after a flurry of lenders entering and then withdrawing from the high LTV space after being swamped with demand.