Rat and Mouse
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Fri
05
Feb
What do you get if you cross a residential and a buy-to-let mortgage?

A let-to-buy mortgage... a product by Nationwide that is aimed squarely at "reluctant landlords" forced, by the market, to seek tenants because they can't find buyers. It's been a grey area, with many reluctant landlords continuing with their normal residential mortgage and failing to inform their buildings insurers of the change... which is extremely risky. The Nationwide let-to-buy mortgage will put things on a property footing. Oh, yeah, and it will cost more.

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