Buy To Let Mortgages With Low Deposit

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