The cost of your buy to let mortgage will be determined by various factors, the most important of which are:
The deposit size: The larger your deposit, the less the mortgage you'll need to take out the larger your deposit. Lenders will often ask for 25% of the property's worth, though this can be greater.
Interest rate: You'll just be repaying the interest each month, not the whole amount.
Loan term: You'll repay the entire amount borrowed at the end of the loan term.
Hope, This answer helps to get complete information about buy to let mortgages.
Original Source:- https://www.quora.com/How-much-is-a-buy-to-let-mortgage/answer/Ranjit-Singh-3890/log
