These types of mortgages are designed for property investors and private landlords, who do not intend to live in the purchased property but will let property to tenants.
Mortgages
A mortgage is likely to be the single largest financial commitment you ever make. There's a wide range of mortgage products out there, with varying interest rates and repayment options available.
Your property may be repossessed if you do not keep up repayments on your mortgage.
Most buy to let mortgages are not regulated by The Financial Conduct Authority.
Most buy to let mortgages are not regulated by The Financial Conduct Authority.
Before you choose a specific deal, you need to decide what type of mortgage is the most appropriate for your needs.
People buying their first home often have specific needs when it comes to finding a mortgage. A range of mortgages exists specifically for this market sector.
Remortgaging means switching your mortgage to another deal with another lender without moving property.
Second charge loans can be secured against residential or Buy to Let properties.
UK News
The Bank rate was cut in August but many analysts do not expect any further reductions this year.
The Federal Reserve makes its first cut to interest rates since 2024, and signals more to come.
The UK government hopes the investment will create more than 7,600 "high-quality jobs".
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Borrowing costs are not guaranteed to come down much more than they already have, even after this week's rate cut.