Aberdeen Shrimper
The Man who sold the world
Do you know what your current "Loan to Value" on your property is?
It is one of the key indicators that lenders look at when deciding on giving a mortgage.
It is basically the value of your loan compared to the value of your property.
Our is around 60% which is not to bad considering the current housing situation and would imagine a lot of people would unfortunately be looking at a far higher percentage.
It is one of the key indicators that lenders look at when deciding on giving a mortgage.
It is basically the value of your loan compared to the value of your property.
Our is around 60% which is not to bad considering the current housing situation and would imagine a lot of people would unfortunately be looking at a far higher percentage.