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Hi all,
Can anyone confirm when staying with same mortgage provider, but switching product, do they work out LTV on purchase price or current value
Thanks in advange
Assesser

Comments

  • lexia
    lexia Posts: 57 Forumite
    Current value, most lenders have an 'index/desktop' valuation. If you're not happy with that, you can pay to get one done.
  • Thank you
    I was sure it was but some one mentioned on another theard that is was done on purchase price, and that didn't make sense to me.
    Assesser
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