Buying-to-is an increasing popular mortgage option for those looking to invest in the residential property market. With lenders offering increasingly competitive rates, increasingly similar to those offered for standard residential mortgages.
A major difference is the criteria lenders apply when considering approving a loan. When approving loans, Buy-to-let mortgage lenders generally consider the likely rental income from the property, rather than the applicant's income, and often do not require any proof of he applicants own income.