Investing in property: A guide to Buy to Let mortgages
A BTL mortgage is a specific type of mortgage that is taken out to purchase investment property rather than a home to live in.
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A BTL mortgage is a specific type of mortgage that is taken out to purchase investment property rather than a home to live in.
Nowadays, banks and building societies show a greater understanding of self-employed home buyers looking for a mortgage and some even market specific self-employed mortgages.
The big decision when choosing a mortgage is to decide if you’ll opt for the certainty of a fixed-rate mortgage, or whether you think you can save money by using a variable-rate mortgage.
It’s not as simple as earning more than your projected essential expenses, including, of course, your estimated mortgage repayments.