Young person's buy to let?

Kitson

Hi,

I've been trying to read up/research buy to let mortgages and haven't/can't find what I'm looking for (It probably doesn't exist)

Is there any mortgage providers who will provide a buy to let mortgage to a 20/21 year old?

Thanks Kitson

Crinz

http://www2.postoffice.co.uk/finance/mortgages/our-full-range-and-rates/lending-criteria#2

just one that is offering them, not sure on any others

Kitson

"Experience: We require evidence of current or previous satisfactory conduct of mortgage within the previous 5 years for a minimum 12 month period. Outright owners are also acceptable but first time buyers will only be considered if on a joint application with a second time buyer."

Other than that I was ok :P, but very useful thank you.

Kitson

Senior_Paper_Monitor

There are a limited number of lenders who will consider first time buyer/inexperienced landlord if rest of criteria fit (credit rating, minimum oincome, rent:mortgage ratio etc) - most (in not all) of these are via intermediary only from memory (too busy to check at moment).

Senior_Paper_Monitor

But not with no deposit as you appear to be looking for on your other thread ..............

Kitson

Just looking for info, this is completely theoretical at the minute.
Thanks for the help