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BTL mortgages - Property value UNDER £50,000

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  • BTL mortgages - Property value UNDER £50,000

    I've found 2 properties I'm interested in buying for BTL investments, but both are under £50,000 which I know is under the minimum required £50,000 for both of my 2 current BTL lenders

    Does anyone know of any mortgage lenders who will supply a loan on a property under £50,000?

    For info these are houses and not studio flats / student pods.

  • #2
    Re: BTL mortgages - Property value UNDER £50,000

    Originally posted by Barny View Post
    I've found 2 properties I'm interested in buying for BTL investments, but both are under £50,000 which I know is under the minimum required £50,000 for both of my 2 current BTL lenders

    Does anyone know of any mortgage lenders who will supply a loan on a property under £50,000?

    For info these are houses and not studio flats / student pods.
    If you can pay these down say pretty quickly like in 10 or 15 years it might be best to use a long term secured loan

    Ged
    http://www.premierexpatmortgages.com
    [email protected]

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