ltv cut offs

Author
Discussion

p1doc

Original Poster:

3,120 posts

184 months

Friday 29th April 2016
quotequote all
at present i have a 30%ltv on present mortgage with erc for further 2 years,are there cut offs like at 60% for mortgage interest rates cuts or not worth bothering at such a low % and keep paying overpayments
thanks
martin

Sarnie

8,045 posts

209 months

Friday 29th April 2016
quotequote all
Nope, LTV thresholds only come into effect at 50% LTV and above...

p1doc

Original Poster:

3,120 posts

184 months

Friday 29th April 2016
quotequote all
typical-oh well
thanks
martin

Sarnie

8,045 posts

209 months

Friday 29th April 2016
quotequote all
p1doc said:
typical-oh well
thanks
martin
Ha, at 30% LTV your rate should be low enough! smile

p1doc

Original Poster:

3,120 posts

184 months

Thursday 5th May 2016
quotequote all
still trapped by EPC till oct 2018 so likely not worth changing till then
martin