Monday 10 December 2007

Top Ten Buy To Let Mortgages

If you are going to buy a property and are expecting to rent the property, then a Top Ten Buy To Let Mortgage might be what you need.

If the property you are buying will ultimately be let, or it is a holiday property that you wish to let to holiday makers either all year or when you are not using it, then it is likely that lenders may not be willing to offer you a standard mortgage.

In that case, looking at a buy to let mortgage may be your alternative. Depending on the particular lender, you might need to be able to pay a larger deposit than if you were buying a home, but they might also be willing to consider rental income against costs.

Buy to let mortgages are not typically regulated by the FSA, so take care with any advice accepted.

1 comment:

Unknown said...

Do you subscribe to any other websites about this? I'm struggling to find other reputable sources like yourself

Amela
Buy to let mortgages