I own a house, but having inherited it, have never had a mortgage on it or indeed any other property. Now I want to invest in property, and buy a house with the view to letting it out. However I see that most of the mortgage lenders insist on you having had a mortgage before you get a buy to let mortgage. Does anyone else have experience of this and if so, how did you get around it?
I have enough money saved that I would only need 70-75% mortgage.