A buy to let mortgage is a type of mortgage where the property owner lets out their home to tenants who pay rent directly to the landlord. The landlord then uses the rent to repay the loan.

Buy to let mortgages are popular because they allow people to invest in properties without having to spend a lot of money on buying the property outright.

However, there are risks involved with buy to let mortgages. If the tenant doesn’t pay the rent, the landlord has to find the money to cover the shortfall. This could mean selling the property at a loss.

If the tenant leaves before the lease ends, the landlord has to pay out the remaining rent.

Buying a property as an investment is one of the most popular ways for people to make money. The UK has seen a huge increase in house prices over recent years, and this means that buying a home can be very lucrative if you know what you are doing. However, there are many things that need to be considered before making your first purchase.

Multi-Unit Freehold Mortgages (MUFB)

By |2022-04-06T09:53:22+00:00April 6, 2022|Financial Advice, Mortgages, Mortgages for Different Properties, Using a Broker|

Deciding on whether a multi-unit freehold block mortgage can be extremely confusing. There are many circumstances where a MUFB can be an extremely beneficial [...]

Mortgage to Buy Out Siblings – Inherited Property

By |2022-04-06T13:22:02+00:00March 29, 2022|Financial Advice, Knowledge Mortgages, Mortgages, Mortgages for Different Properties, Using a Broker|

Mortgage to buy out siblings It is never easy losing a loved one – it can leave you feeling thoroughly devastated. That sense of [...]

Expat BTL Mortgage

By |2021-10-04T12:58:42+00:00April 28, 2021|Investment BTL Mortgages, Knowledge Mortgages, Mortgages, Non Standard Residency Mortgages|

Property prices in the UK have steadily risen and many see this as a good investment opportunity considering rental income can help finance the purchase. You may wish to purchase a buy to let property as an investment, but you are an UK expat living abroad so you may be wondering if it’s possible to get a mortgage loan in the UK, even if you are paid in a foreign currency. The good news is it is possible, even if you are classed as self-employed.

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