I currently have a mortgage of €273k left. I bought the house 4 yrs ago for €316k. Its in an established estate. Houses in the estate were selling for over €500k at the height of the boom but have since stablished between €450 - €500k since the slow down.
I currently have the mortgage fixed at a pretty cheap rate (Fixed 2 years ago b4 all the increases) which runs out next April. I plan to remortgage when this term is up. What is LTV? I have seen people taking about LTV and how you can get cheaper interest rates as a result. Can anyone help?
Thanks in advance.
I currently have the mortgage fixed at a pretty cheap rate (Fixed 2 years ago b4 all the increases) which runs out next April. I plan to remortgage when this term is up. What is LTV? I have seen people taking about LTV and how you can get cheaper interest rates as a result. Can anyone help?
Thanks in advance.