ashtondav
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Post by ashtondav on Dec 16, 2016 12:13:11 GMT
Why do so many of the loans come to 60% to 70% of Value?
Does the borrower wait for the valution and then says, OK i'll have 67% of that, please.
Or does he start with wanting £670,000 and hopes his house (or whatever) is valued at £1,000,000.
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SteveT
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Post by SteveT on Dec 16, 2016 12:30:51 GMT
The former. Such borrowers want to borrow as much as FS are prepared to lend them.
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