Is 100% buy to let leverage a good idea or not?Make Text Bigger
I’m looking to do my first time buy to let by releasing c. £25,000 -£37,000 equity from my main residence and the remaining £75,000 to £113,000 on a buy-to-let mortgage to buy a 2 bed property costing c. £120,000 to £150,000.
Mark suggests always having 20% cash in the bank but that would mean delaying my purchase by 2 years.
Looking for advice on whether to get going now or keep saving?
Please Log-In OR Become a member to reply to comments or subscribe to new comment notifications.