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How to work out LTV
tony3619
Posts: 432 Forumite
Hello.
I owe £75700 on my mortgage which is a 30% share on shared ownership. The full market value is roughly £420,000 at 100% ownership. How do I work out my LTV bracket? Is it based in full value or the value of my share?
I owe £75700 on my mortgage which is a 30% share on shared ownership. The full market value is roughly £420,000 at 100% ownership. How do I work out my LTV bracket? Is it based in full value or the value of my share?
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Comments
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Value of share.I am a mortgage broker. 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. Please do not send PMs asking for one-to-one-advice, or representation.1
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