Results for tag: "Buy To Let"

The Buy to Let mortgage market is a sector of the mortgage industry that focuses on providing finance for the purchase of residential property for the purpose of renting it out. Buy to Let mortgages are typically offered to landlords who are looking to purchase a property to let out to tenants. The terms of these mortgages are usually different to those of a standard residential mortgage, with higher interest rates and larger deposits required. The Buy to Let market has grown significantly in recent years, with more and more landlords taking advantage of the potential returns that can be achieved from renting out property. This has been driven by a combination of factors, including an increase in demand for rental properties, as well as the availability of more competitive mortgage products. Some of the major players in the Buy to Let mortgage market include Nationwide, Santander, Barclays, HSBC, and NatWest. Show Less Read more