We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Buy To Let Mortgage for Tier 1 Visa Holders

Hi all,

Can anyone suggest any lenders who provides Buy To Let Mortgage for Tier 1 Visa Holders with 10% - 20 % Deposit?

Many Thanks in Advance !!

Comments

  • kingstreet
    kingstreet Posts: 39,352 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    No-one will get a BTL mortgage with 10% deposit.

    There are products available at 80%, but I suspect you'll need 25% or more if you don't have ILR.
    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.
  • sd21sh
    sd21sh Posts: 7 Forumite
    kingstreet wrote: »
    No-one will get a BTL mortgage with 10% deposit.

    There are products available at 80%, but I suspect you'll need 25% or more if you don't have ILR.

    Thanks for your reply.
    Can you please advice any lenders who can provide BTL mortgage with 25% deposit and don't consider 'ILR'?

    I did quite few searches online, I could not find a single lender in the market.

    Your help will be appriciated.
  • kingstreet
    kingstreet Posts: 39,352 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    You'll need to appoint your own independent broker.

    Those on here won't provide lender names.
    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.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.5K Banking & Borrowing
  • 253.7K Reduce Debt & Boost Income
  • 454.4K Spending & Discounts
  • 245.5K Work, Benefits & Business
  • 601.4K Mortgages, Homes & Bills
  • 177.6K Life & Family
  • 259.4K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.