Withdrawal of some 85% Loan To Value BTL Mortgages
The withdrawal of these mortgages is a worry for the recent investor like me. Our investment model is generally based on getting 85% mortgage products! I could not have got into Buy to Let in the first place without it. Basically because I started with such little amount of money. For those with a large bank account this is not such an issue!I do not want to see this product dissappear altogether. Even if it does not dissappear I can see that it could suddenly get more expensive.
Yet more fall-out from the so-called 'credit crunch'!
The Buy-to-Let Blogger
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