What is let to buy? Well
in simple terms you rent a place and the
rent you pay goes towards buying the place
one day. You will need a lawyer to draw
up a contract for such an arrangement.
The world of buy to let and property investment
has grown tremendously over the last few
years. Some see property as a future pension,
some are looking simply to supplement their
current income and others are buying sensibly
to make money on the future rises in property
value.
The buy-to-let mortgage market has been
hit hard by the credit crunch as it relies
heavily on the wholesale money markets to
raise money to fund lending, but these markets
have effectively dried up.
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Compare Rates
Remortgage Lenders
APRs
Min Loan to Value
Initial rate & Period
Subsequent Rate
Overall Cost for comparison
3.89% to 30/04/10
3.99%
4.5%
70%
3.48% for 2 years
3.99%
4.4%
70%
4.99% to 30/06/12
4.74%
5.1%
50%
5.4% to 30/06/14
4.74%
5.2%
60%
*Save My Money UK does not provide mortgage however we support mortgage broker.
