SMF - Just Installed!

What deposit to put down for a BTL mortgage?

Started by geek84, March 10, 2013, 12:35:49 PM

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geek84

Hi Folks

When purchasing a buy to let property, is it best to pay as much deposit up front and pay off the rest via monthly mortgage payments or pay the minimum deposit and use your surplus funds sitting in the bank, earning minimum interest, to buy another property to let?

Thanks in advance for your responses.