| home : Loan to Value (LTV) |
Loan to Value (LTV) |
The size of the loan or mortgage as a percentage of the price being paid for the property . e.g. A property valued at £100,000 with a mortgage of £75,000 would have an LTV of 75%. The higher the loan to value the higher the lender's risk. For loans with a LTV above 70% many lenders wil insist on the borrower taking out some form of indemnity insurance. |
| Important Information |
| This site is intended for general information only and you should not make any decisions based on the content. You should always take appropriate financial advice from a qualified Mortgage Advisor before making any decision regarding your mortgage. |