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Buy to Let Mortgage..only option?

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Comments

  • A broker charging a fee should not be seen as a negative (esp in a non-standard situation) - remember you are paying for the brokers experience/ professional competency, and for their guidance in what can be a confusing and sometimes complex maze of products, meeting lender criteria etc, and assitance in getting the mge through to completion.


    Hope this helps & good luck ;)

    Holly

    Thanks Holly, you have been very helpful.

    Looking forward to my new business venture and hopefully boost my pension:j
  • holly_hobby
    holly_hobby Posts: 5,363 Forumite
    1,000 Posts Combo Breaker
    No problem ... I wish you and your pension pot well !!!

    H
  • kingstreet
    kingstreet Posts: 39,339 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    As the OP has no earnings, I'm pretty sure the recommended lender is TMW and I'm not sure there are any other options.

    I also was not aware the other thread was discussing a BTL proposition. I'd have suggested TMW myself, if I'd known.

    I'd find another broker. £950 + the commission from the lender is a bit OTT for a simple BTL.
    I am a mortgage broker. 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. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. Please do not send PMs asking for one-to-one-advice, or representation.
  • payless
    payless Posts: 6,957 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Had an interesting conversation 2 weeks ago at a FSA seminar with a member of its staff about FSA stance on social media, and also client responsibility.
    Any posts on here are for information and discussion purposes only and shouldn't be seen as (financial) advice.
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