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BTL mortgage question

carslet
Posts: 360 Forumite
Does anyone know if it is possible to get a BTL mortgage on a property that is valued at about 45k
Basically a friend is selling a house which is valued at about 45k
Just that all the BTL info I can find shows minimum value of 50k.
I already have a residential mortage and from what I have been told u can't have two residential mortgages
Thank u in advance for any help
Basically a friend is selling a house which is valued at about 45k
Just that all the BTL info I can find shows minimum value of 50k.
I already have a residential mortage and from what I have been told u can't have two residential mortgages
Thank u in advance for any help
0
Comments
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Yes its possible to get a buy to let mortgage on a property worth less than £50,000 and it is possible to have two residential mortgages.0
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Yes its possible to get a buy to let mortgage on a property worth less than £50,000 and it is possible to have two residential mortgages.
Thanks I will look in more depth just I could not find any, but for that amount could do it on a loan, but would be great for such a small mortgage0
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