Loan-to-value ratio
Commercial property & real-estate term
The ratio between a mortgage loan and the value of the property pledged as security; usually expressed as a percentage.
Part of the Commercial Property glossary — plain-English definitions of the terms you meet when leasing, buying or selling commercial space in South Africa. See also our how-to guides.
More terms under “L”
Line of credit Lender Long term lease Landscape architect Latent defects Leasehold improvements Land banking Land lease