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:
Thanks Paul,
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.
Capital Fortune