Buy-to-Let

From ACT Wiki
Revision as of 15:02, 15 November 2016 by imported>Doug Williamson (Layout)
Jump to navigationJump to search

Mortgages

(BtL).

A loan for buying or refinancing residential property which is let to tenants, rather than being lived in by the borrower.

Buy-to-Let mortgage loans are generally considered higher risk for lenders, and are subject to higher rates of interest and fees.


See also