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What is a Buy-to-Let mortgage?

A Buy to Let mortgage is a specific mortgage that is granted to an individual, a property investor, a developer or landlord. The mortgage is classed as a business transaction.

Typically, a buy to let mortgage requires a larger deposit when compared to a residential mortgage as the maximum that can be borrowed is usually only 85% of the total loan value, with many more rates and options being 75% of the total loan value.

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I can confirm completion has taken place and the funds have arrived successfully in to my account today. I would like to thank you for all of your help and professionalism during this process, it has been straight forward and a breath of fresh air compared to some previous brokers I have experienced, and very much appreciated. I look forward to the next time we can do business together (hopefully sooner rather than later)