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What is Happening in the Buy to Let Market? | My-Mortgage.orgThis is a discussion on What is Happening in the Buy to Let Market? | My-Mortgage.org within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; The housing and bmortgage/b market looks very bleak indeed today. With the recent buy-outs and collapses of major financial institutions, ... |
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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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The housing and bmortgage/b market looks very bleak indeed today. With the recent buy-outs and collapses of major financial institutions, you might wonder if it’s best to avoid the housing and bmortgage/b m b.../b
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