Let-To-Buy - what kind of LTV can you get?
Let-To-Buy - what kind of LTV can you get?
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Discussion

amoeba

Original Poster:

212 posts

196 months

Friday 15th November 2013
quotequote all
We're thinking of getting a BTL mortgage on our current property, and were wondering what kind of LTV rates were available.

We currently have about 140k mortgage left on a 200k property, and were thinking if we could get a BTL mortgage at a 90% LTV (thus freeing up 40k for our next move) we might go for it. I know 'traditionally' BTL mortgage have usually been 80% LTV and below, but wondered if the market might have moved on?

Sarnie

8,373 posts

239 months

Friday 15th November 2013
quotequote all
No chance of 90% BTL unfortunately.

75% for anything like decent rates/fees. 80% for eye watering rates & fees.

amoeba

Original Poster:

212 posts

196 months

Friday 15th November 2013
quotequote all
Ah thought so, shame.