Loans Glossary - Loan to Value

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Loans Glossary

Loan to Value - LTV

What is LTV?

LTV stands for Loan to Value and it means a percentage and gives back the ratio between the loan value and actual value of the property.

For example your planning to borrow £90.000 and the market value is £100.000. This means the LTV is equal to 90%. Most creditors approve mortgages in the 70-75% range so it will be pretty difficult obtaining a loan with these numbers.

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