This is the loan to value ratio. It's the ratio between the
size of the loan you are seeking and the mortgage lender's
valuation of the property. Example: if you're borrowing £50,000
on a property valued at £100,000, the LTV is 50% and
the lender will feel comforatable you have enough equity in
the property for it to be reassured if you stopped making
your interest/capital repayments. The lender could then sell
your property and recoup the money you owe.
Gambia Real Estate News
Wes have attempted to provide you with enough
information to be useful, whatever your residential or commercial real estate
needs in and around gambia, banjul, kololi, kotu, brufut, sanyang, bakau, fajara,
senegambia.
Our philosophy in providing this information is to improve
the efficiency of the real estate search for both you as the applicant (or
client) and us as the buyers agent. The Government of The Gambia is strongly
committed to private sector empowerment and the creation of an enabling environment
to stimulate private investment in the country, through the combined use of
sound macro-economic and financial programs on the one hand, and complementary
social sector interventions on the other, all with a view to ensure more confidence
in the economy and The Gambia as a safe haven for investment.
Please feel free to contact
us at any time you would like more information, either by email,
phone, fax or carrier pigeon! Our staff are well versed, experienced and professional
with excellent knowledge of the property market in The Gambia .
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