Buy to Let
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Discussion

darrent

Original Poster:

630 posts

281 months

Tuesday 11th January 2005
quotequote all
Just wondering if anybody has info on the best BTL mortgages? I have done a bit of research on the Internet but just thought I would ask the PH gang.

Basically I have the opprotunity to buy a house which is an absolute bargain due the sellers needing a VERY quick sale and they are good friend of the family. I know the market in certain areas has gone tits up but it's bang in the middle of a prime rental area (with rents increasing all the time) near the train station.

Incorrigible

13,668 posts

283 months

Tuesday 11th January 2005
quotequote all
See an IFA, but as things are slowing down there bargains to be had

As it's a commercial mortgage (I assume you already have one on your primary residence) you have to pay a little more and they all tend to track BofE base rates, but 0.75% over base is possible IIRC