UK lenders and Flats

I found the following news interesting esp for firt time buyers.

Mortgage lenders have further tightened their criteria for loans on all new-build flats in the latest sign of growing nervousness about the housing market as new figures showed a “stunning” slump in mortgage lending in the autumn.

http://www.ft.com/cms/s/0/f2628938-9a11-11dc-ad70-0000779fd2ac.html