Buy to Let Mortgages – What’s Involved?
Using a buy to let mortgage is a popular method when it comes to purchasing an investment property.
While buy to let mortgages can be handy, you’ll need to make sure you understand more about them before moving forward and weigh up their pros and cons.
One thing that investors should keep in mind when considering a buy to let mortgage is the amount they’ll be expected to spend in mortgage repayments each month.
Our helpful calculator below allows you to work out the minimum rent required to cover your mortgage repayments.
This way, you can work out whether it will be possible to generate a significant level of rental income after mortgage repayments have been made.