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sharing a buy to let
chris robson
Posted: 12 September 2014 21:25:25(UTC)
#1

Joined: 12/09/2014(UTC)
Posts: 1

Hi all

Please can you help.

I am looking into buying a property to let with my brother (who lives abroad).

My question is he is going to pay for his half with cash and I can only afford a 20% deposit and will need to borrow the rest.
Will I be able to do this with a buy to let mortgage, would they loan the money as I would effectively only own half the property, What would happen if I defaulted etc etc.

Any info on this would be much appreciated.

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