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2023-07-07 11:22:10 - Translate -

What are the main lender requirements of a buy-to-let mortgage?

Several key lender requirements should be considered for securing a buy-to-let mortgage. Firstly, lenders typically expect a higher deposit for buy-to-let mortgages than residential mortgages, often around 25% of the property's value. Additionally, lenders will evaluate the rental income potential of the property. They generally require the rental income to cover a specific...

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