Higher Lending Charge (HLC)
A charge made when the commercial mortgage required is for more than 75% of the actual value of the property. The amount of the charge is often referred to as the Loan to Value.
Back to Glossary Index.A charge made when the commercial mortgage required is for more than 75% of the actual value of the property. The amount of the charge is often referred to as the Loan to Value.
Back to Glossary Index.