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Who is the best buy to let lender?

Who is the best buy to let lender in this market, giving mortgages without much paperwork?

Asked on Jul 9 2010, Home Finance in Hounslow | Report content

Answers (1)

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  • Currently (Aug 2010) not any. Most of the products offered for BTL are almost unrealistic when it comes to arrangement fees they charge (average £3,000+). Plus the Loan to Value Ratios are not attractive for BTL investor. Currently the best rates are offered for 60-70% LTV or in other words you need to have deposit or if its a remortgage, equity in the region of 30-40%. There are 80% LTV products but high rates. -Malay

    Answered on Aug 25 2010, Report content

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