Buy to Let Mortgage with Low Deposit

With the buy to let mortgage market coming out of a difficult period when at the height of the credit crunch many lenders withdrew from the market, we are now seeing an increased appetite for lending with higher loan to values being offered. Lower deposits makes it easier for first time buyers to come into the into the buy to let market market.

Below are a selection of buy to let mortgage deals - if you have a low deposit 15% to 25% please use our quote and advice service using the link above.

Buy to let mortgages are offered by many lenders, who have different lending criteria.  Getting a dal with a low deposit can be challenging - currently most lenders require at leaset a 25% deposit although some will consider up to 15% but will have strict criteria for making money available att his level.

Here is a list of things that you might wish to consider while looking for a buy to let mortgage deal which requires a relatively low deposit:

• Whether you want a fixed rate or tracker mortgage
• The property’s location and features
• How much income you would be able to generate from renting the property to tenants
• Other expenses you will have, such as agency fees, insurance, maintenance of the property, and so on