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who is lending at decent rates


hanell

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I have recently bought aroung 6 buy to let properties to add to my portfolio of now 20 odd. I havent bought any properties for 2 or 3 years pioir to this. The properties i buy all need work and i have spent quite a considerable amount improving these properties . I have now approached a broker to take mortgages on these properties as i have spent all my own capital and he is telling me that no-one he deals with will lend me money until i have owned them for at least a year.

Does anyone know of a lender that hasnt got this rule? Im only looking to borrow about 60% ltv. Also what do you think the charges and interest might be?

Thanks in advance.

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