What is a Buy-to-Let Mortgage?

Originally published at: https://blog.openrent.co.uk/what-is-a-buy-to-let-mortgage/

A buy-to-let mortgage is a loan which the loanee plans to use to purchase a property to rent out to tenants. Like other mortgages, the property is a security which the lender can repossess should the landlord fail to keep to the terms of the loan (e.g. getting in arrears on equity or interest payments).…