Want a 90% buy to let mortgage? If so click here to speak to my broker. This means you can buy a property with a 10% deposit. So if you bought a property that I recommended for £100,000 you would only need £10,000 to buy it. You would borrow the other £90,000 and pay the mortgage with the rent received from the tenant.
Now if I recommend a property I am quite sure its capital value will go up by at least 50% in 5 years. (I tell you how I know this on the previous story). This means that this property will go up in value to £150,000. So let us look at what you’ve put in and what you’ve got out:
Posted on: 26th Feb 2008