What does Buy To Let mean?
Definitions for Buy To Let
buy to let
This dictionary definitions page includes all the possible meanings, example usage and translations of the word Buy To Let.
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Wiktionary
buy to letverb
To purchase a property as in investment, and to let it out for rental instead of living in it
Wikipedia
Buy to let
Buy-to-let is a British phrase referring to the purchase of a property specifically to let out, that is to rent it out. A buy-to-let mortgage is a mortgage loan specifically designed for this purpose. Buy-to-let properties are usually residential but the term also encompasses student property investments and hotel room investments.
Wikidata
Buy to let
Buy-to-let is a British phrase referring to the purchase of a property specifically to let out. A buy to let mortgage is a mortgage specifically designed for this purpose. For many years landlords have invested in residential property to be let for profit, but arranging a mortgage loan to buy such property had always been hard as tenants were hard to evict and rent levels were relatively low. Since the introduction of the Assured Shorthold Tenancy in the mid-nineties however rights have swung markedly in favour of the landlord and mortgage lenders have been more willing to provide finance. This led to a rapid expansion in the amount of mortgage finance available with schemes specifically designed for amateur and professional landlords that became known as buy to let mortgages. The recent credit crunch, however, has caused most UK lenders to cease offering these kinds of mortgage.
Numerology
Chaldean Numerology
The numerical value of Buy To Let in Chaldean Numerology is: 5
Pythagorean Numerology
The numerical value of Buy To Let in Pythagorean Numerology is: 3
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"Buy To Let." Definitions.net. STANDS4 LLC, 2024. Web. 19 Apr. 2024. <https://www.definitions.net/definition/Buy+To+Let>.
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