deposit

[henrys]

a buy to let property of 200.000 pounds
what would the the deposit
at to days rate
tia

[redcrx]

a buy to let would usually want 15 % deposit against the mortgage.

The valuation of the property would also be based on its potential rental income rather than its market value.

[EverClean]

Generally 15% deposit - �30,000 - but the rental income is more important for a lender.

[Uzoma]

There are lenders that would accept a 10% deposit too but generally they are few and far between.

[velvet lady]

dont do it!!!!!

invest your dosh elsewhere, btl market is awful, loads of landlords have empty flats

dont buy brand new apartments, they are a money pit

buy an old house, close to shops, bars etc, and rent ot to decent people, not council scutters on benefits as they will trash your place cos they have no respect