Expats, are you thinking to re-mortgage? If so do not wait any longer
Double digit annual growth means the equity in many homeowners’ properties will have increased a great deal in the last two years.
Figures show since the start of the pandemic the average home has increased in value by £47,568.
Many homeowners will therefore be in a position to move up an ‘LTV band’. LTV or – loan-to-value (LTV) ratio – refers to the proportion of your property’s value you need to borrow.
It maybe you are a few hundred pounds away from being able to change to a 75% LTV band which will mean you can get much better rates. Speak to an independent adviser as they can help you to achieve this. Read more