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Buy to Let
TW08
Posts: 11 Forumite
Hi Everyone!
I was just wondering are there any lenders still doing buy to let mortgages? If so what deposit am I likely to have to put down?
Many Thanks
I was just wondering are there any lenders still doing buy to let mortgages? If so what deposit am I likely to have to put down?
Many Thanks
0
Comments
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A fair few (luckily for me, I need one in December). The majority ask for 25% deposit though, anything less would be specialist/expensive. If you can do 40% deposit you'll get a better rate so that's what I hope to do.0
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Arrangement fees can "generally" be % fee as well so keep your eyes peeled on the lenders fee. If you want an adverse BTL, don't bother.I am a Mortgage Adviser
You should note that this site doesn't check my status as a mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Take advice with a pinch of sea salt!0 -
!!!!!!! Was thinking more like 15% deposit. Ah well....I think I'll wait and see what happens next to this rollercoaster economy! Thanks guys!0
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