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Hi just wanted some advice.
What deposit would i need on a £300,000 mortgage, i think I could rent for around £2,000 per calandar month.
Additional details are my annual income here is around $80,000 Aussie dollars around 50K. I also have a property in London already (my primary residence), which i have a mortgage of 180,000 on and was last is valued at £450,000. I currently rent this property out at around 1600 per month, which easily covers my mortgage.
Also what is the arrangement fees
What is the interest rates
Is it a interest or capital & interest payments
Best,
Owen
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