If you’re planning on purchasing a property to let out and require the funds to do so, you won’t need the same kind of mortgage as for a home you’re purchasing to live in. Instead, you’ll need a buy-to-let mortgage.
Buy-to-let (BTL) mortgages are for landlords who want to buy property to rent it out. The rules around btl mortgages are similar to those around regular home mortgages.
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