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What Are Interest-Only Buy-to-Let Mortgages?

Originally published at: https://blog.openrent.co.uk/what-are-interest-only-buy-to-let-mortgages/

An interest-only buy-to-let mortgage is a loan on which the borrower pays only the interest due on the money they have borrowed. The loan is used to pay for a residential property which the borrower plans to let to tenants. Like all mortgages, the loan is securitised against the property, meaning the lender can legally…