Average UK Loan to Value Trends for First Time Buyers in 2006-07
Mortgage Quote Line
0845 108 0505
Financial Services > Mortgages > Mortgage Trends > Loan to Value Trends for First Time Buyers in 2006-07
Average UK Loan to Value Trends for First Time Buyers in 2006-07
The average loan to value for first time buyers in 2006-07 is shown below, broken down by UK postcode. Loan to value (LTV) is the ratio of mortgage loan to the property value given to the borrower as a percentage. As first time buyers typically have less cash up front to act as a deposit, the loan to value percentage is often quite high.
For more information about loan to value, view our mortgage glossary.
| <80 | 80-81 | 81-82 | 82-83 | 83-84 | 84-85 | ||||||
| 85-86 | 86-87 | 87-88 | 88-89 | 89-90 | 90-91 | ||||||
| 91-92 | 92-93 | 93-94 | 94-95 | >95 | |||||||
Average Loan to Value Highlights
- The average loan to value ratio fell from 92% in 2006 to 91.9% in 2007, a decrease of 0.11%
- West Yorkshire and North Yorkshire both saw a slightly above average increase in average LTV at 1.9% and 1.65% over 2006-2007.
- The average LTV remained the same in Edinburgh , at 93% both years running, with Glasgow experiencing a decrease of 1.0%.
- Greater Manchester witnessed a greater than average decrease in average LTV at 1.6% over 2006-2007, with Lancashire seeing a decrease of 0.2%. Merseyside saw a decrease in average LTV of 2%.
- Greater London saw a below average decrease in average LTV of 5% between 2006 and 2007 (from an LTV of 91.9% in 2006 to an LTV of 87.2% in 2007), with Birmingham seeing a below average decrease of 3% from 94% in 2006 to 91% in 2007.
Link to this Page
If you would like to link to this page, copy and paste the following code into your page. By linking to this page, you agree to our Mortgage Trends terms and conditions.
| mortgages news |
|---|
| 1.99 per cent discount mortgage from HSBC - Thu, 11 Mar 2010 |
| Council of Mortgage Lenders releases Budget submission - Thu, 11 Mar 2010 |
| Remortgage activity starts to recover - Thu, 11 Mar 2010 |
| More News |
Mortgage Rates by Lender 
Worried about Mortgage Repayments?
- Join our petition to Government to bail out burdened individuals, not just banks.
Free Mortgage Quote
Mortgages in Scotland
Equity Release
Switching Mortgages
Home Reversion Plans
Commercial Mortgages Arrears & CCJs?
Remortgages- Sub prime mortgages
- Arrears, CCJs
- Self certification
- Debt consolidation
Protect Your Mortgage