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Where to best search for LTB mortgage?
Whichhome
Posts: 10 Forumite
Could I have some help please to find the best LTB mortgages please. if you can link that would be great. I am looking at 75% LTV. I can't see many on the market (well none).
TIA
TIA
0
Comments
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You won't find let to buy mortgages listed as their own category.
The terminology is much misunderstand and different lenders apply it in different ways.
What are you trying to achieve?I am a Mortgage Broker
You should note that this site doesn't check my status as a Mortgage Broker, 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 -
Hi amnblog I am trying to rent out house I own to buy house most suited to my family needs (bungalow) asap0
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Speak to a broker. Many BTL mortgages (whiich you need) are broker only.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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You have to be careful as some lenders do have specific LTB products, while others you use their BTL remortgage products instead.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.0
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The idea sounds simple but the reality is much more difficult.
If you need a mortgage on the new purchase property the let to buy in the background will make certain lenders unsuitable.
OFABI am a Mortgage Broker
You should note that this site doesn't check my status as a Mortgage Broker, 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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