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    • Distorted Vision
    • By Distorted Vision 17th Mar 17, 6:13 PM
    • 394Posts
    • 250Thanks
    Distorted Vision
    What does RV mean in a mortgage application
    • #1
    • 17th Mar 17, 6:13 PM
    What does RV mean in a mortgage application 17th Mar 17 at 6:13 PM
    I was reading the mortgage broker notes on a Buy To Let Mortgage application. What does the acronym RV mean?

    "Currently overpays and will continue to do so. Rent is increasing so OVERPAYMENT will increase to 800 pcm taking up to 10%. If this is not acceptable, sale of property is also RV."
Page 1
    • minimike2
    • By minimike2 17th Mar 17, 6:18 PM
    • 1,952 Posts
    • 1,480 Thanks
    • #2
    • 17th Mar 17, 6:18 PM
    • #2
    • 17th Mar 17, 6:18 PM
    Repayment Vehicle.
    I am a mortgage industry professional. 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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