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First time buyer
monki_man
Posts: 368 Forumite
Hi there,
I'm looking to buy a house to let in the future, maybe a year down the line. Just wanted to know if im a first time buyer how much discount would I actually get? or on average what the rate will be? Any help would do thanks
I'm looking to buy a house to let in the future, maybe a year down the line. Just wanted to know if im a first time buyer how much discount would I actually get? or on average what the rate will be? Any help would do thanks
[size=-5]Olympic 2007 challenge Started 9 Jan 2007[strike]Aim Silver 2007.00[/strike] Aim Gold 3007.00 Achieved so far:782
[/size]
[size=-5]Feb 2007 Grocery Challenge
28th-03rdFeb £17.75
04th-10thFeb £13.31
11th-17thfeb £18.54
18th-24thfeb £17.19
25th-3rdmar £3.70
[/size]28th-03rdFeb £17.75
04th-10thFeb £13.31
11th-17thfeb £18.54
18th-24thfeb £17.19
25th-3rdmar £3.70
0
Comments
-
In general there is not much difference between normal rates and FTB rates
( for main residence) more common is rate depends on size of deposit, although a few lenders will package a "FTB" deal
For Buy to Let its usually a disadvantage not already holding a mortgage- as will restrict leder choiceAny posts on here are for information and discussion purposes only and shouldn't be seen as (financial) advice.0 -
Thanks Payless. You know any good guides on buy to let by any chance??[size=-5]Olympic 2007 challenge Started 9 Jan 2007[strike]Aim Silver 2007.00[/strike] Aim Gold 3007.00 Achieved so far:782[/size]
[size=-5]Feb 2007 Grocery Challenge[/size]
28th-03rdFeb £17.75
04th-10thFeb £13.31
11th-17thfeb £18.54
18th-24thfeb £17.19
25th-3rdmar £3.700 -
Is this a better idea..
Rather than looking for buy-to-let properties, I should just try and get the house then make it to let. That way my mortgage will be more of a discounted rate than buy-to-let mortgage? Again this is all for First time buyers.[size=-5]Olympic 2007 challenge Started 9 Jan 2007[strike]Aim Silver 2007.00[/strike] Aim Gold 3007.00 Achieved so far:782[/size]
[size=-5]Feb 2007 Grocery Challenge[/size]
28th-03rdFeb £17.75
04th-10thFeb £13.31
11th-17thfeb £18.54
18th-24thfeb £17.19
25th-3rdmar £3.700
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