The Times - Portfolio Therapy - Is there any way that I can buy a house?
Thomas Martin asked The Times for help to find out how much he can borrow for a mortgage. He is professionally successful and he’s saving sensibly — but he wants to know if he can afford to buy a home?
Aaron Strutt, of Trinity Financial, told The Times: “It can be a challenging process for first-time buyers to secure buy-to-let mortgages. Most lenders expect them to own a property already and put down a 25% deposit. NatWest is one of a limited number of lenders providing first-time buyer/first-time landlord mortgages.”