is it worthwhile to have buy to let mortgage?

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is it worthwhile to have buy to let mortgage?

is it worthwhile to have buy to let mortgage in london for short term say 2years

2007-03-26 00:35:04 · 2 answers · asked by sonia k 1 in Business & Finance ➔ Renting & Real Estate

2 answers

Yes, two years is enough time for the property to go up in value. A buy to let mortgage is more expensive than a residential one but the rent should just cover it.

2007-03-26 00:38:13 · answer #1 · answered by Older&Wiser 5 · 0⤊ 2⤋

no you will lose money that way

2007-03-26 00:36:50 · answer #2 · answered by MuZZy5000 3 · 1⤊ 0⤋