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Edit.
What they ^ said. Just been through the same question myself with our mortgage advisor for upcoming remortgage - No point if you're already over the 60% LTV mark. 40% equity is the point where most lenders offer their lowest rates with regard to LTV.
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They care about the difference between 60 and 90%. You won't get a different rate for 30% vs 40%.
user149724
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@Tenderloin
Thanks folks. Is there likely a minimum bound for ltv or does it just keep going down?
We have 400k on the mortgage and would hope the value to be 1.3-1.4 but think a desk search would come back at 1.1-1.2. Would there be any benefit in pushing for this?