Sorry if this is a dumb question but haven’t remortgaged before
Does the value of our house matter when remortgaging? It’s likely to have gone up since we bought it but not sure if this makes any difference (eg ltv)
Yes it will do.
Lender will probably do a desktop valuation rather than a full one but if values have gone up, mortgage can get cheaper as a result of better LTV.
@andyfallsoff started
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Sorry if this is a dumb question but haven’t remortgaged before
Does the value of our house matter when remortgaging? It’s likely to have gone up since we bought it but not sure if this makes any difference (eg ltv)