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Buy to Let LTV
Options
Phil_rich
Posts: 270 Forumite
Evening all,
Quick qestion, what is the highest LTV available on a buy-to-let mortgage?
Thanks
Phil
Quick qestion, what is the highest LTV available on a buy-to-let mortgage?
Thanks
Phil
--- Fat club weight loss -- Started 10th April 2015
Update: 28.4.15 - 8lbs
Update: 28.4.15 - 8lbs
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Comments
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1 lender does 85% that im aware of, they tend to kick in at 80% though.I am a Mortgage AdviserYou 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.0
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Even if you could get 85% consider it carefully. Reversion rates are higher than 'the norm' and with no other lender in the arena you may be at the mercy of the rate at the time.I am a Mortgage AdviserYou 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.0
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What sort of interest rates are we talking for the 80% and 85% LTV?0
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Rough figures are
6.6% at 85%
5% plus at 80%I am a Mortgage AdviserYou 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.0
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