Higher lending charge
id:
higher-lending-charge-290-8731104
title:
Higher lending charge
text:
A higher lending charge (HLC) is a charge made by mortgage lenders in the UK when the loan-to-value ratio of a mortgage is higher than they are prepared to accept at standard rates. Typically, HLCs are applied to loans in excess of 90% of the property value although, until the 1990s, the limit was usually 75%. A number of mortgage lenders do not charge HLCs. They avoid this by either restricting the availability of their mortgages to lower loan-to-value ratios, or charging higher rates on loans
brand slug:
wiki
category slug:
encyclopedia
description:
original url:
https://en.wikipedia.org/wiki/Higher_lending_charge
date created:
date modified:
2017-01-08T12:24:41Z
main entity:
{"identifier":"Q5758401","url":"https://www.wikidata.org/entity/Q5758401"}
image:
fields total:
13
integrity:
13