What is loan to value?

Loan to Value (LTV) is the proportion of the value or price of the property (whichever is the lower) that you borrow on a mortgage. For example, a £90,000 mortgage on a house valued at £100,000 would mean a LTV of 90%.

You can calculate your loan to value by using this simple calculation:

The amount you wish to borrow divided by the property purchase price x 100 = your loan to value