10 Flats in a Block of 12
I'm looking to buy 10 BTL flats in a block of 12 which was built 15 years ago. The development also includes 8 townhouses but high street lenders won't lend on 50% of a development. Are there any other options?
Ask the Specialist response:
We do work with a number of lenders who can consider higher levels of exposure up to 100% of flats in a building.
You'll be looking at higher interest rates than high street - around late 3%'s early 4%'s depending on your personal situation etc.
I would contact one of our advisers on 020 77 100 400 and they should be able to let you know whether we can help within 10 to 15 minutes.