What Deposit Is Required?

You will need either a 20% or 25% deposit depending on availability and your choice of buy to let mortgage products.

The average purchase price of a property is £68K-£80K which means the deposit required is in the range £14K-£20K.

However, because you buy the property at a 20% discount to market value, it may be possible to remortgage the property after 6 months at the full market value.

Purchase  Property

This would allow you to release the 20% deposit you initially invested and re-invest this deposit in another property.  Our broker can organise this for you.

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