UK Landlord Forum / Life

So am planning to buy a property for 360k with a projected income of £1500-1600/month, which doesnt strike me as a bad yield.

Thing is all the btl mortage quotes are coming in with monthly repeyamnts of 1300+ which isnt gonna work.

Anyone have some advice on this?

Oli

Hello Provencau,
How much are you putting down deposit wise? 
Is that the payment for interest only?! 
Obviously it'll depend on your circumstances and the type of property you're purchasing, and the loan to value.  But if you can give some further info specifics wise I might be able to help you
Matt