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Buy to let mortgage
want2bmortgage3
Posts: 1,966 Forumite
After having a consent to let now expired, I need a buy to let mortgage.
Can anyone recommend any lenders, are there any who deal direct? Is L&c the best broker, as mse recommend them?
There are a few things I require that will eliminate some lenders:
- lease under 70 years
- my income under 25k
- this being my only property
Thanks for any recommendations
Can anyone recommend any lenders, are there any who deal direct? Is L&c the best broker, as mse recommend them?
There are a few things I require that will eliminate some lenders:
- lease under 70 years
- my income under 25k
- this being my only property
Thanks for any recommendations
0
Comments
-
You will struggle with those 3 criteria.
I would go with a local broker rather than L&C.
Could be worth searching for threads on here looking for BTL with no other property.I'm a Forum Ambassador on the housing, mortgages & student money saving boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Forum Ambassadors are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.0 -
You are not going to have your pick of lenders and should be expecting to pay a broker.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
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