100% Mortgage: First Time Buy-to-Let Mortgage at 0% interest!
65Our Independent Mortgage Broker is there to help!
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.
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- Property Investing in the United Kingdom – Why I Invest In Milton Keynes – The Good, The Bad and The
- What to do if you can't remortgage!
- How to Buy Property with No Money
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paidtotakesurveys 2 years ago
Thanks for the useful hub about using lending carefully and getting the best deal.