Buy-to-let mortgages explained
Buy-to-let mortgage guide by Furness Building Society
Understanding buy-to-let mortgages
The property investment industry is booming, so If you’re hoping to buy a property to rent out, rather than live in, then a buy-to-let mortgage can get you there. However, understanding buy-to-let mortgages can be tricky for first-time landlords. So, we’ve pulled together this guide to help explain buy to let mortgages, including what they are and how they work.
Buy-to-let mortgage guide
For those unable to purchase a property outright, a buy-to-let mortgage enables both aspiring and established investors to purchase a property and earn a rental income from it. There’s also the added potential of being able to watch your capital grow as the property increases in value.
There are varying mortgages available to assist you in building a property portfolio and it’s important you get the right mortgage for you and your situation. This buy-to-let mortgage guide should serve as a handy reference for those wanting to better understand the buy-to-let market. We’ll break down everything you need to know before taking the leap to become a fully-fledged landlord.