Wheres the best place to find the best buy to let deal.????how does a buy to let deal work , the place i'm interested in buying is 100000 , the place is split into 4 betsits and 1 flat , with a pa 11400 , so how will they work out the affordibility of the deal???
Any info would be a great help.
Paul.
Looking for a buy to let mortage , but all the ones i have looked at , do not want to accept bedsits???
anyone reccomend a lender which accepts bedsits.?
the place i'm interested in buying , has 4 bedsit and a flat in the property.
Please help :(
Maybe there is a reason for that?
Yes perhaps there is , but the property is made up of 4 bedsits and 1 flat at this moment in time, subject to viewing the property , my guess is in the medium term it might be worth converting the 3 storey house into 3 flats , based on the propertys layout , but currently its 4 bedsits and 1 flat...............
But are you buying it on the existing basis, or have you told them you intend to convert?
I've not been and seen the property yet , so i'm not sure of its layout , but it might be worth mentioning to them if its a sticking point , i was considering using UCB home loans for the buy to let , i've used them before , but will have to check the small print for Bedsits .
i know moneysupermarket.com has a buy to let mortgage comparison tool. you can check it out here:
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