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Buy to Let Mortgage OptionsThis is a discussion on Buy to Let Mortgage Options within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; There are many Buy to Let Mortgage options for those who have established a home and want to purchase another. ... |
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| Mortgage Know-How A mortgage is the transfer of an interest in property (or the equivalent in law - a charge) to a lender as a security for a debt - usually a loan of money. While a mortgage in itself is not a debt, it is the lender's security for a debt. It is a transfer of an interest in land (or the equivalent) from the owner to the mortgage lender, on the condition that this interest will be returned to the owner when the terms of the mortgage have been satisfied or performed. In other words, the mortgage is a security for the loan that the lender makes to the borrower. |
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09-28-2008, 05:32 PM
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Buy to Let Mortgage Options
There are many Buy to Let Mortgage options for those who have established a home and want to purchase another. The Financial Services Authority has not supported many buy to let options, but there are banks and lending institutions that ...
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