Is there a lender who will do 100% buy to let mortgages (UK only)?

Answer 1

There are lenders that can make an allowance for what's known as a builders gifted deposit. In other words, if you buy a new property and the builder will pay 15% of the price as a deposit and as an incentive, as long as the surveyor is happy that it is still worth it. Other than that no lenders currently offer 100% buy-to-let. Have you considered a remortgage of your own property to release equity to use as a 10% or 15% deposit?

Answer 2

No you cannot get100% Buy to Let Mortgages i'm afraid. Both the above answers are wrong, Northern Rock do 125% normal residential mortgage. Buy to Let mortgages are unregulated because they are an investment. Hi Voodoo - I think the question was - is there a lender who will do 100% buy to let - the answer is no. 5% and 10% are irrelevant you cannot get builders deposits on buy to lets - cheers

Answer 3

a million. No - you'll in uncomplicated words get a functional price of interest once you've a minimum of 25% to placed down, as a lot as 80 5% some places will lend inspite of the undeniable fact that the funds will be more effective than the employ you'll get. no one provide you with one hundred%. 2. this form of property is often avaibable by skill of community auctions. inspite of the undeniable fact that you opt to have the money (or certain loan) waiting formerly you even bid. As diverse human beings have reported, it truly is a adverse funding inspite of in case you had the money. The interest on borrowing will exceed the condo income so that you're going to lose funds.

Answer 4

Yep but you will pay a higher interest rate, and of course you have more chance of negative equity.
Go to an independant financial adviser, or mortgage broker to find hte best deal for you.

Answer 5

Try Northern Rock they do up to 125% mortgages.
www.northernrock.co.uk.