Archive for October, 2009

What is a Buy to Let Mortgage?

What is a Buy to Let Mortgage?

A buy to let mortgage is basically a mortgage designed for people who are buying property to rent out to tenants. They have no intention of moving in themselves, they are just looking to purchase a property and immediately find tenants to rent it.

To be eligible for a buy to let mortgage, you need to be able to show that the rent you will be bringing in will be at…

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