Mortgages for Buy to Let

Which Mortgage is Best?

We are regularly answering a variety of consumer property questions for FREE via our Property Forum.

This is just one of the many consumer property questions we have answered recently:-


Q - I own a home which is rented out but lived in it for five years before renting it out. For that I had to change to a buy to let mortgage. I want to sell that house and buy a house in the town that I will settle in. I don't want the trouble of having letting agents and tenants so my father will live in the house and pay just enough rent to cover the mortgage interest.

Will I have to have a buy to let mortage or can I go for a standard repayment mortgage?  READ THE FULL QUESTION HERE


A - Firstly we would recommend you consult a Property Tax Specialist as there may be tax implications for both yourself and your father and should be able to advise you accordingly.

As we are not qualified/registered with the FSA we are unable to give specific financial advice on mortgages and would recommend you seek independent advice from a Mortgage Broker.  VIEW THE FULL ANSWER HERE!

NEED HELP FROM THE DESIGNS ON PROPERTY EXPERTS?

Email enquiries@designsonproperty.co.uk for a one of our FREE Property Checklists.

Do you have a property question? GET AN INDEPENDENT ANSWER! ASK US via our PROPERTY FORUM, email enquiries@designsonproperty.co.uk or call 0845 838 1763.