by Alibalibee on June 20th, 2006

Question

Help answer this question below.

What is a "buy-to-let" mortgage?

Like
Report

Share:: Facebook; Twitter; Other

Answers. 1 helpful answer below.

by American-In-Training on June 20th, 2006
A mortgage (loan) taken out specifically to purchase a home that will be let to tenants.
Often, the loan and the amount is usually based solely on what rental income is likely to be achieved, in an open market situation, AT THE TIME THE LOAN IS REQUESTED. However, some lenders will want to know and take your work salary and other non-rental income into account aswell.
Some lenders may not lend on certain types of property.
Comments
Add a comment...
- Like
- Report
No comments. Post one | Permalink

Did this answer your question? If not, then ask a new question or create a poll.

More Questions. Additional questions in this category.

Who is John Kizzire in AZ?
by eb9021 on September 20th, 2010 | 1 person likes this
What NJ mortgage companies will provide a $700,000 mortgage to purchase a home with lead based paint inside?
by RealEstateGuy on November 5th, 2010 | 1 person likes this
Did you refi, now that rates are at rock bottom?
by Banana Breath plays the piano on June 20th, 2010 | 1 person likes this
Can i apply immigration if i have house mortgage to pay? I am planning to continue to pay the mortgage after immigration.
by didxga on January 19th, 2011 | 1 person likes this
Are loan modifications safe?
by jsmith_attowens on January 12th, 2011 | 1 person likes this
More Home mortgages and real estate financing (General) See only professionally researched Home mortgages and real estate financing (General) questions

You're reading What is a \"buy-to-let\" mortgage?

Follow us on Facebook!

Related Ads

Professionally Researched

ANSWERBAG BUZZ

How to convert acid to mp3

About Us

About Answerbag

Sitemap

Professionally Researched Questions

Legal

Privacy Policy

Terms of Use

Disclaimer

Ad Choices
Follow Us on Facebook

Answerbag.com
Your favorite Q&A site is on Facebook! Become a fan to connect with the ever-growing community of Answerbaggers, share your thoughts and find out what Answerbag's up to next!
Latest Tweet

What is the very worst thing you can do in an interview? http://t.co/3QoM2mLE

Follow Answerbag on Twitter!

Answerbag

Question

What is a "buy-to-let" mortgage?

Answers. 1 helpful answer below.

Comments

Did this answer your question? If not, then ask a new question or create a poll.

More Questions. Additional questions in this category.

Follow us on Facebook!

Related Ads

Related Questions

How do I do a buy-to-let mortgage?

Can i apply immigration if i have house mortgage to pay? I am planning to continue to pay the mortgage after immigration.

My Mom, in her70's, owns a co-op with a small mortgage left on it. She is divorced from my Dad and lives alone. Can she sign the property over to me but keep the mortgage as is?

I was just approved for a mortgage, and submitted a deal to the seller that we were interested in. They countered our offer. What I want to know is this, I was told the mortgage company closed it's doors today. What does that mean for me?

I have my mortgage with Northern Rock and considering its future looks bleak would i be wise to move my mortgage or stay and ride out Northern Rocks financial storm?

Professionally Researched

How do I do a buy-to-let mortgage?

What are buy-to-let mortgages?

Does Saxon Mortgage have a grace period for mortgage payments?

Can you refinance a primary mortgage without refinancing a second mortgage?

Can i qualify for a mortgage before i sell my home&satisfy the existing mortgage?

ANSWERBAG BUZZ

Answerbag.com
Your favorite Q&A site is on Facebook! Become a fan to connect with the ever-growing community of Answerbaggers, share your thoughts and find out what Answerbag's up to next!

Question

What is a "buy-to-let" mortgage?

Answers. 1 helpful answer below.

Comments

Did this answer your question? If not, then ask a new question or create a poll.

More Questions. Additional questions in this category.

Follow us on Facebook!

Related Ads

Related Questions

Professionally Researched

ANSWERBAG BUZZ

Answerbag.com Your favorite Q&A site is on Facebook! Become a fan to connect with the ever-growing community of Answerbaggers, share your thoughts and find out what Answerbag's up to next!

Answerbag.com
Your favorite Q&A site is on Facebook! Become a fan to connect with the ever-growing community of Answerbaggers, share your thoughts and find out what Answerbag's up to next!