Buy-to-Let

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Revision as of 16:48, 11 November 2016 by imported>Doug Williamson (Create the page. Source: http://www.mortgagesforbusiness.co.uk/property-finance/customer/buy-to-let-mortgages/buy-to-let-explained/risks-borrowing-criteria/)
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(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

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