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Buy To Let Mortgage at low value

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Hi,

I'm thinking of buying a property as buy to let. Up here, the prices are much lower than elsewhere. I'm looking at £33k for a flat and I'm after a mortgage of £25 on it. I'm trying to find a lender who will go that low and provide a good rate? Does anyone know of the best way to go about this?Maybe a personal loan would be better?

Thanks in advance,

doncoolio

Comments

  • MortgageMamma
    MortgageMamma Posts: 6,686 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Lots of lenders will do this, but you need to look for a deal with either no or as little fee's as possible
    I am a Mortgage Adviser

    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.
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