A buy-to-let mortgage is a mortgage for a property you are going to be renting rather than living it in yourself.
If you rent out your property, you’re a landlord. As a landlord, you can start charging rent to cover your mortgage repayments and the costs of maintaining your property. Of course, there may be profits to be made, too.
Buy-to-let mortgages tend to be more expensive than residential loans. Some lenders don’t even offer mortgages for buy-to-let properties. The majority of the most cost effective loans are “broker only” which means you can only get them through a broker.