Buy-to-let (BTL) mortgages are for landlords who want to buy property to rent it out. There are a few matters you need to think of first before deciding to become a landlord.
- Be prepared to become a landlord and take on the responsibilities associated with this. There is work involved and before embarking on this type of investment for the first time, talk to our mortgage consultants to see if you are in a position to do so
- Before buying, together we will work out exactly what is included in the sale and help you to budget carefully for fit out costs and other associated costs e.g. stamp duty and solicitor fees etc
- Ensure you obtain legal advice in regard to any proposed lettings