A buy to let mortgage is a mortgage loan that a building society or
lender awards on the premise that the property acquired will be a
source of income through letting. The source of income, the lender
assumes will be used to repay the mortgage.
The benefit of such a loan is that you might be able to cover the total
monthly repayment with the income that you generate from the letting
of the property. This means that you might be able to acquire the
property without physically paying anything for it.
A buy to let mortgage can also be offset against tax.
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Buy
to Let Mortgage
