Buy to let mortgages are mortgages 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 mortgages.
The benefit of buy to let mortgages 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.
Buy to let mortgages can also be offset against tax.
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Buy
to Let mortgages