any success with getting lower SVR on BTL with 40% Loan to Value?

Hi

We took out a btl mortgage at 75% LTV based on home improvements and market rises in the area our LTV is now under 40% would we have any luck in getting the lower SVR applicable to that balance band?

Any help advice, personal experience welcome
Thanks
Lou

just to add bank in question told me under no circumstances would they reduce the SVR for me irrespective of what the LTV is!

Hi lou

An interesting question. Have you shopped around?

If you have a very low LTV, another lender might consider lending to you.

Later this year, a new lender , Dilosk will be entering the market. I don't know yet what their target market is, but there must be an opportunity for providing switcher mortgages to low LTV customers with clean credit records.

Brendan

Thanks Brendan. Will keep an eye out for them.