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Published:

8th Jul 2024

Author:

John Li

Can you tell me how much of a deposit I’ll need?

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.

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