August 23, 2005

Buy To Let Product With No Rent Required?

Posted in UK Property Finance at 5:28 am

Friday 30/05/2008

Despite problems with many lenders I have been informed that there are still some good BTL mortgage deals to be had.

For example, I have been informed of a mortgage product that will lend up to 80% of the property’s value with no rental assessment whatsoever!

If you wonder about the rates, they are very competitive, starting at below 5%, loans are available for up to 2 million pounds of borrowing. Even if you have adverse credit you should still apply.

Lenders will require you to have owned the property for 6 months at least to remortgage to them. But some will allow you to do a remortgage sooner than this if you have increased the value of the property through renovation.

If you would like to find out more about this product contact us now.


 

1 Comment »

  1. Najnar said,

    December 3, 2005 at 4:51 pm

    There is another terrific FREE 7 part UK Property Investment Course available at http://www.yourpropertyempire.com

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