Mortgage Question

[Ant]

So it turns out that I actually own more of my own home than what I thought I did. My mortgage deal expired this month and I've just renewed, it turns out my LTV% is 87% when I thought it was 93%.

 

So, hypothetically speaking if I sell my house for £100k would I get £13k? Or does it not work like that? Is this just specific to my lender?

[Swan Red]

This post is not viewable to guests.

You can sign in to your account at the login page here

If you do not have an account then you can register here

[cymrococh]

This post is not viewable to guests.

You can sign in to your account at the login page here

If you do not have an account then you can register here

[Ant]

This post is not viewable to guests.

You can sign in to your account at the login page here

If you do not have an account then you can register here

[Murphman]

This post is not viewable to guests.

You can sign in to your account at the login page here

If you do not have an account then you can register here

[cymrococh]

This post is not viewable to guests.

You can sign in to your account at the login page here

If you do not have an account then you can register here