best type of mortgage

[valerian11]

I've inherited my parents house and want to buy out my brothers share (50%). The house is worth approx 135000 on current market. I therefore need to borrow approx 68000. The house will be let out as I have tenants lined up @ 550pcm. Which type of mortgage should I try to get, bearing in mind I will sell when (if?) market picks up?

[on.knowledge]

best type of mortgage




one you can afford

[Nannyjill]

you may find in this climate, bearing in mind, it is buy to let, that you don't have a great deal of choice.

Are you hoping that the rental income will cover the mortage? How much can you afford to add to that will help decide what type you shoudl be looking at