Buy To Let Mortgage
mortgage glossary
A buy to let mortgage is a mortgage that is specifically provided for those who want to purchase a project in order to rent it out to others. Buy to let mortgages are especially suited to those who wish to invest in the property market but who don't have the capital to buy up front.
Most traditional mortgages specifically exclude letting the mortgaged property, as this is seen as commercial use. Buy to let mortgages allow for this, but are likely to be more expensive than a traditional mortgage.
|

|