When you start to take on mortgages loads of terms and conditions and buzz words' might be thrown to. There are many phrases that it's practical knowing and one off the most important of those if you are seeking to present how much you can afford in order to use was LTV otherwise Mortgage to help you Value.
Loan so you can Well worth is the portion of financing versus the worth of the property. Instance, whether your house is worthy of ?two hundred,000 and you're credit