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settloe_99
18-11-2008, 12:23 PM
Hi

Can anyone give me an indication of what LTV lenders are willing give in the current BTL mortgage market?

Thanks

Brit1234
20-11-2008, 19:55 PM
Isn't it all about 75%.

Poppy
21-11-2008, 11:48 AM
To get the BTL mortgages with the lower fees and better interest rates, 75% loan to value is regarded as preferable to lenders.

You can get higher LTVs but it'll cost more in up front fees and the interest rate may be less favourable.

You really really need to ensure that your figures stack up and the place will truly pay for itself. Good luck.