UK Mortgages and Loans is the complete resource for mortgages, remortgages, adverse credit and all types of UK loans and UK residential mortgages.

UK Mortgages & Loans -> Buy-to-Let Mortgage

If an individual is considering to purchase a house or flat in order to rent it out, so that it can provide them with an extra income as well as a long term investment, then there are certain mortgages which are designed specifically for this purpose. These forms of mortgages are called buy to let mortgages.

A few years ago these buy to let mortgages would cost the borrower a higher rate of interest.They would need a larger deposit and would expect to have a large penalty fee for changing their mortgage.