Buy To Let Mortgage Tips

Buy to Let Mortgage Tips A buy to let mortgage is a loan for someone who purchases a residential property with a view to renting it out as an investment. Mortgage lenders view Buy to Let as a greater financial risk because immediate vacant possession is not always guaranteed. Therefore mortgage lenders tend to: •…

Agreement in Principles

Mortgage Agreement in Principles- Hint & Tips If you haven’t found a property, a mortgage ‘Agreement in Principle’ (or a Decision in Principle) is useful, knowing you’re not wasting your time house hunting. Mortgage lenders will carry out a credit check with basic information ie 3 years address history, occupation, credit commitments… Information is cross…