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Valuations

The original mortgage on my house was with a 5% deposit. Looking at prices on my street it must be worth at least another 10% so I actually own more like 10+%. I've had the house/mortgage for a year and am now looking into my options as I will be moving abroad and want to let the property. My question is if I remortgage will I be able to get a better LTV now the house has appreciated?

Comments

  • herbiesjp
    herbiesjp Posts: 8,499 Forumite
    As long as the surveyors agree with you, then yes, the LTV will be more favourable
    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.
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