What percentage deposit do i need to buy to let? can you reccomend any uk lenders?
Answers:
Someone above obviously didn't read the question properly!
You typically need a 10% deposit. Haven't used any lenders so I won't recommend any, but I would go with a high street bank or well known lender to avoid any dodgy dealings even if they are not the best rates. But shop around, there is plenty of info on the web and bank managers are usually fairly knowledgable on the subject.
you need a bond, not a deposit, and the bond is usually equal to 1 months rent, the bond is payable back to you assuming you leave the property in the state you found it.
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