Buy-to-Let Mortgages: The Complete Guide

Sometimes referred to as a Residential Investment Mortgage, Buy-to-Let Mortgages are for those who are investing in property with the intention of renting it out.

Difference from Standard Mortgages

• Higher deposit requirement (typically at least 25%).
• Borrowing amount is tied to rental income return.
• Property can be owned in many ways, such as through a company.

Interest-Only or Repayment?

Interest-Only: Lower monthly payments, but you must repay the entire loan at the end of the term (often by selling the property).

Repayment: You pay off the amount borrowed plus interest every month, owning the property at the end.