LTV bands and why they matter
Lenders price many products in LTV bands. Crossing below 75% or 60% can unlock sharper rates — if the valuation agrees.
Updated UK · illustrative onlyNot a lender or brokerAboutDisclaimer
RLPublished by Rodway Labs — not a mortgage adviser
Published
Loan to value (LTV) is your mortgage balance divided by the property value. A £225,000 balance on a £300,000 home is 75% LTV. Typical residential bands include up to 60%, 75%, 85%, 90% and 95% — exact cut-offs vary by lender and product.
Lower LTV usually means more choice and keener pricing because the lender’s risk is lower. If you are just above a band, overpaying or waiting for house-price growth (or a higher lender valuation) can matter more than shaving 0.05% off a rate inside the same band.
Use the LTV & equity calculator to see equity needed to hit a target band and how a further advance would affect LTV.
Related
Calculators and articles on Remortgage Lab are illustrative and not personalised financial advice. Always check current lender terms and, where appropriate, speak to an FCA-authorised adviser. England & Northern Ireland focus where tax rules are cited; Scotland and Wales differ.