A buy to let mortgage is a loan secured on a property that you will let out. You can rent the property to a family, to individuals or to a company.
When compared to a main residence mortgage you will find that the mortgage rates and fees are typically higher on a buy to let mortgage.
A loan amount for a buy to let mortgage is based both your income and also on the rental income the property will achieve.
We At Gulf Coast Finance will advise you the diverse options for purchasing under a buy to let market.