Possible to buy a rental home?

Lily1

I am a non tax payer as I don't work. As a couple myself and my husband have £50k to put on a house costing £105k. We would only want the mortgage term to be about 8 years.
The question is, would I get it in my name to take advantage of the tax position or not?
We are looking to buy the house in a town where currently there are only a handful of houses to let so we expect it to rent easily.
Any advice would be gratefully received.

dimbo61

You can have it as joint tenants with you having say 90/95% and you husband have the other 10/5% speak to a solicitor.
As long as he has an income over £25/30,000 and no or little other debts ie No £100/120K outstanding mortgage on your own home !
You need to speak to a broker as most BTL are broker only.

Lily1

Good idea. No debts and a good income should be possible then, thanks.