English: Loan-to-Value

Welsh: Benthyciad mewn Cymhariaeth â Gwerth

Part of speech

Noun, Masculine, Singular

Definition

Loan-to-value is the percentage of borrowing you take out against your home. For example, if you have a £90,000 mortgage on a £100,000 house, the loan-to-value would be 90%.

Last updated

21 February 2018