Can I Borrow The Deposit for a Buy to Let Mortgage?
I’m quite often asked, “Peter, can I borrow the deposit money for my buy to let, and finance the rest on a buy to let mortgage?”
Or, alternatively, I’ll be contacted by someone who says, “I’m about to buy a property with a buy to let mortgage and I’m borrowing the deposit from my friend/business partner/ JV partner who I met at the local property network meeting”.