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average loan-to-value ratio

LTVs ease for wealthier homebuyers

by Gill Montia.

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In December, the average loan-to-value ratio offered by the UK’s mortgage lenders increased by just over one percentage point, to 58.9%, the highest level in two years.
According to research from chartered surveyors, e.surv, part of the LSL Property group, the improvement was driven by those buying homes worth over £500,000.
While the volume of mortgages approved [...]

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