Considering a Buy-to-Let Mortgage? Here's What You Need to Know
A buy-to-let mortgage is a specific type of loan designed for individuals who want to purchase a property to rent out to tenants, rather than living in it themselves. It differs from a traditional residential mortgage in several key ways. Key Features of Buy-to-Let Mortgages: Higher Deposit: Generally, lenders require a larger deposit for buy-to-let mortgages, often ranging from 25% to 40% of...
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