The minimum amount of deposit depends on the type of finance you need. Here’s a breakdown:
- Buy-to-Let (BTL) for New Build Properties: Minimum deposit 20% of the property’s value.
- Buy-to-Let (BTL) for Single Household Properties: Minimum deposit 20% of the property’s value.
- Buy-to-Let (BTL) for First Time Landlords: Minimum deposit 20% of the property’s value.
- Buy-to-Let (BTL) for Multi Household (HMO/MUB) or Short-term Let: Minimum deposit 25% of the property’s value.
You can use the buy-to-let calculator to see the rates and products available, and you can start an application whenever you’re ready.