100% Mortgage: First Time Buy-to-Let Mortgage at 0% interest!

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By Property-Invest

Our Independent Mortgage Broker is there to help!

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100% Mortgage: First Time Buy-to-Let Mortgage at 0% interest!

No you are not dreaming. No Money Down is back! I have found a way you can buy an investment property for nil deposit and at a nil interest rate for the first time buy-to-letters.

MANY UK lenders allow you to let out a property that you have lived in previously just as long as you inform them. It’s called a Let-To-Buy Mortgage, and not many people know they exist yet. This comes at an ideal time for investment property buyers.

So if you do not have a residential mortgage then consider buying your first buy to let property with a residential mortgage, live in it for a few months and then rent it out. With the mortgage market changing, it is now possible to get 100% mortgage finance.

No Deposit – No Problem!

If you don't have a deposit then that’s not a problem either! Just get a 100% Loan to Value Mortgage. If you can't afford the mortgage payments for the first 6 months then no worries again! Just go for the very attractive 100% LTV, 0% intro rate for 6 months Residential Mortgage offered by our preferred building society. UK house prices are at an ideal point, and profitable, cashflow positive properties are all around us now.

Effectively, it is now possible to buy UK and even London property No Money Down (NMD).

So there you have it. 100% Loan To Value (LTV) and 0% Buy To Let, for the first timers. If you're interested then contact my independent broker to find out more.

Comments

paidtotakesurveys profile image

paidtotakesurveys 2 years ago

Thanks for the useful hub about using lending carefully and getting the best deal.

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