Buy-to-Let (BTL) mortgages are specifically designed for landlords who want to buy a property to rent out to tenants. They are more expensive than ordinary residential mortgages because banks see rental property as higher risk, but if you are going to rent out a property using a mortgage you have to have a BTL mortgage.
BTL mortgages are virtually identical to normal mortgages, for example you can choose between a variable or a fixed-rate interest rate. But, how much you can borrow will depend on the potential rental income of the property rather than your personal income. Also, BTL mortgages generally require a larger deposit than other types of mortgage.
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