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buy to let with 15% deposit - chances?
abub007
Posts: 8 Forumite
Does anybody know what the chances are of getting a buy-to -let mortgage with 15% deposit? Already have a house and am thinking of getting another one as buy to let.
Thanks
Thanks
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Comments
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none..........0
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Almost nil.
Although in my searches I thought I saw one 85% LTV, the fees for which was horrific.
Realistically, you should look at 65-70%. There are 75% deals, but they are costly.I can take no responsibility for the use of any free comments given, any actions taken are the sole decision of the individual in question after consideration of my free comments.
That also means I cannot share in any profits from any decisions made!;)0 -
Who was offering 85%...thks0
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I actually saw it elsewhere.....but it was in the depths of my searches, I didn't take note as I wasn't interested....
But a quick google throws up this lead....
http://www.singingpig.co.uk/forums/thread/660794.aspx
How good it is I don't know.I can take no responsibility for the use of any free comments given, any actions taken are the sole decision of the individual in question after consideration of my free comments.
That also means I cannot share in any profits from any decisions made!;)0 -
I found an 85% but it is for existing BTL nat west customers just renewing the deal....0
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VIGILANT22 wrote: »I found an 85% but it is for existing BTL nat west customers just renewing the deal....
Thats ringing bells. I wasn't interested because I didn't qualify!I can take no responsibility for the use of any free comments given, any actions taken are the sole decision of the individual in question after consideration of my free comments.
That also means I cannot share in any profits from any decisions made!;)0 -
I actually saw it elsewhere.....but it was in the depths of my searches, I didn't take note as I wasn't interested....
But a quick google throws up this lead....
http://www.singingpig.co.uk/forums/thread/660794.aspx
How good it is I don't know.
The post was over a year ago.:)
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Consent to let yours and then buy another one.0
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