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Landlords - What's the LTV on your BTL mortgage?
Beckyy
Posts: 2,833 Forumite
I understand this will vary hugely, but for the landlords out there with BTL mortgages - What is your LTV and interest rate if you don't mind sharing please?
I ask as we have a rental property which we are hoping to remortgage in the near future, we haven't been to a mortgage advisor yet but I'm curious to get a feel of how much equity we may be able to free and at what interest rate.
I ask as we have a rental property which we are hoping to remortgage in the near future, we haven't been to a mortgage advisor yet but I'm curious to get a feel of how much equity we may be able to free and at what interest rate.
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Comments
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I am in the process of this now.
Best out there is 80% for new landlords, 85 for existing.
Rates are 5 to 5.5%0 -
Thanks damasta, a little higher than I was expecting you could get!0
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