One of the mainstream lenders we work with here at The Mortgage Hub has just announced 20% deposit mortgage product for property investors looking for a buy-to-let mortgage.
For many years the most competitive products had a minimum deposit requirement of 25%, so the new announcement really is something to write home about.
The new 80% loan to value options are designed to help landlords with smaller deposits and provide extra choice for expanding portfolios.
We believe this is part of a greater trend in offering better financial products to the Buy to Let market, which is great news for landlords and property investors across the board.
If you are looking into investing in Buy to let, further read into our previous post on Buy to Let Mortgages in Scotland or give our friendly team a call today and we will endeavour to find the most suitable product for your circumstances.
The Mortgage Hub is an independent mortgage advisor serving the greater Glasgow area. Whether you are planning to buy your very first home and need the right first time buyer mortgage, or are looking to re-mortgage due to a house move or to growing family – we understand your journey is so much more than a financial process, it’s a journey to achieve your dreams, improve your lifestyle and achieve your true potential.