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.
[override defaul="" 2plan="
Some Buy to Let mortgages are not regulated by the Financial Conduct Authority."]
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 home may be repossessed if you do not keep up repayments on a mortgage or any other debt secured on it.
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.
[override defaul="" 2plan="
Your property may be repossessed if you do not keep up repayments on your mortgage."]
With options for overpayment and payment ‘holidays’, a flexible mortgage can make the traditional 25-year British mortgage look rather old-fashioned.
The government has put in place a number of schemes to support house purchasers, such as Help to Buy.
An offset mortgage enables you to use your savings to reduce your mortgage balance and the interest you pay on it.
[override defaul="" 2plan="
Your property may be repossessed if you do not keep up repayments on your mortgage."]
Remortgaging means switching your mortgage to another deal with another lender without moving property.
[override defaul="" 2plan="
Your property may be repossessed if you do not keep up repayments on your mortgage."]
Second charge loans can be secured against residential or Buy to Let properties.
UK News
The drugs giant blames "protracted" talks with the government as well as differences over funding.
The bank says its app also affected, as is the phone line and messenger service for customers
In choppy global seas, going for growth is going to require some tricky navigation - and it will make big domestic political waves too
The president also suggested he still plans to impose new tariffs on China but did not give any details.
The UK left the European Union on 31 January 2020.