Btl Mortgage Help Needed

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    Btl Mortgage Help Needed

    I am looking for a btl mortgage on a student let property. I will invest 160k, the purchase price is 320k. The property is already let until July 2006 at £19000 per annum. At the moment my income is zero but by September 2005 I will have an income of 19k on another student let which I am renovating. I own this property outright (350k).
    Most mortgage companies wont even consider me, because of students or no income or already let(!!). Any advice would be appreciated.
    Thank you.

    #2
    Speak with an independent broker. You may have to pay a fee but is worth it if you can get the deals you want. You will be able to get some sort of a deal these days as long as you are still breathing!

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