Q: What is the LVR for apartments? | Collinson Loans

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Q: What is the LVR for apartments?

A: For freehold title apartments: if the total area is bigger than 45sqm you may borrow up to 70%. If the total area is smaller than 45sqm, you may borrow up to 50%.
For leasehold title, the maximum LVR is 50%. Also be aware that some banks will not lend on leasehold title.