Are there any specific buy-to-let mortgage products or schemes in the UK that allow for a lower deposit (e.g., 15-20%) if the property is a new build or for first-time landlords?
Quick Answer
Standard BTL mortgages generally require a minimum 25% deposit. Products allowing 15-20% deposits for new builds or first-time landlords are uncommon, due to the increased risk for lenders.
About This Topic
UK BTL mortgages typically require 25% deposit. Learn why 15-20% deposit options for new builds or first-time landlords are rare and carry higher costs, with BTL rates at 5.0-6.5%.
This question is part of our Financing & Mortgages category, providing expert guidance on UK property investment.
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