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Mortgage Question

Ant

By Ant
in The Swanny

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Ant

Ant

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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?

Ant

Ant

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