WEBVTT

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Let's talk loan to value ratio, in 20.

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If you have a £20,000

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deposit on a £200,000 house,

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you're paying 10% of the value,

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and need to borrow £180,000.

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Which means your loan to value ratio

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is 90%.

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Lenders like a lower

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loan to value ratio,

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and could give you

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a better interest rate.

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So the bigger your deposit, the better,

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which is something worth bearing in mind.