How much can I get on a buy to let mortgage based on the value of the house?
Asked on Mar 28 2010,
Home Finance in Airdrie |
At present you really will need a 25% deposit to get a buy to let Mortgage if you need free independent advice let me know
Answered on Mar 29 2010,
My colleague is correct about loan to value but, the lender will also look at what the rental income is in proporation to the mortgage repayments and if there is any other back ground income. The type of property may also influence the size of deposit required. Speak to a good independent financial advisor.
Answered on Mar 31 2010,
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