WILLOMAX
16-05-2005, 09:26 PM
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.
Most mortgage companies wont even consider me, because of students or no income or already let(!!). Any advice would be appreciated.
Thank you.