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LTV Question

Hi, I'll apologise now for being dim but here goes -
if my house is currently worth £175k and my mortgage is £86k then what is my LTV? Can anyone answer please?
Thanks
Debt Free Date Target 31/12/2014
Santander PL £7,820.05 / Santander CC £3,258.20 / M&S CC £5,105.94 /
Barclaycard CC £9,316.89 / Overdraft £439.85
01/09/2012 - £25,940.93 :eek:
Let's get down to business, once and for all.

Comments

  • GMS
    GMS Posts: 5,392
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Forumite
    49.14%.

    50% for calculation purposes.

    Mortgage amount divided by Property value multiplied by 100.
    I am a Mortgage Adviser
    You should note that this site doesn't check my status as a mortgage adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
  • Thanks for that, much appreciated.
    Debt Free Date Target 31/12/2014
    Santander PL £7,820.05 / Santander CC £3,258.20 / M&S CC £5,105.94 /
    Barclaycard CC £9,316.89 / Overdraft £439.85
    01/09/2012 - £25,940.93 :eek:
    Let's get down to business, once and for all.
This discussion has been closed.
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