How far do lenders look at quotes for Home imp?

Dedre

”It is a fairly significant extension yes. Including the consolidation of debt and the extension it takes us to 76% ltv

Have you looked at what the difference in payments would be if you borrowed slightly less and brought it below 75% LTV?

feekerry

Dedre wrote: »

Have you looked at what the difference in payments would be if you borrowed slightly less and brought it below 75% LTV?

Yes it does make a bit of a difference and we are not too far off it but we absolutely have to repay the bit of debt we have so that will only leave wiggle room on the extension and i would struggle to get a quote to reflect that. I’m sure we could reduce costs by doing a bit ourselves but I can’t seem to get someone to amend their quote to prove that. It should be okay tho as I have been exceptionally low on the valuation I estimated and I suspect the valuation may come back a bit higher pushing the ltv down