buy to let


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buy to let

To purchase a property with the intention of renting it, rather than living it in oneself. No I don't plan to live in that neighborhood! I'm just buying to let—I need the second income that being a landlord brings.
See also: buy, let
References in periodicals archive ?
It then goes on to say that buy to let is not buying holiday villas abroad or speculating with buying off-plan, nor is it a liquid investment or a gamble.
Recognising that it is important for investors to understand the opportunities and obligations that go with buy to let, the guide covers tenancy agreements, Tenancy Deposit Protection, insurance, legal requirements and tax.
The landlords were asked to describe how they perceived that other investor landlords of their acquaintance have done in the Buy to Let market.
A quarter of the landlords of their acquaintance were only just starting out as Buy to Let investors.
Less than 2% see Buy to Let as a short term speculation in property by holding their investments for under two years.
Mr Turner said: "This augers well for the private rented sector and this is what Buy to Let is all about.
As a result, Prof Ball said that it was not clear that house prices would have been lower without buy to let, as housing demand was still with us but supply was likely to have been less.
Turning to the effect of buy to let on tenants, Prof Ball said that it had sheltered many households from the full impact of house price rises, as renting was often a cheaper monthly money-outgoings option.
FPDSavills concluded, 'The so-called buy to let boom has been more a boom in finance than in new rented properties.
The main factors that would prompt landlords to decrease their Buy to Let porfolios were rents being insufficient to cover the mortgage (cited by 49 per cent) and rising interest rates (cited by 47 per cent).
The 224-page guide, published this week under the auspices of the Association of Residential Letting Agents and the Council of Mortgage Lenders, gives a complete overview of buy to let.
REAFFIRMING the facts about true Buy to Let, the Association of Residential Letting Agents, ARLA, and the ARLA Panel of Mortgage Lenders believe some of the public are at risk of being sidetracked into property purchases that are improperly linked to Buy to Let.
Robert Jordan added: "Super house inflation has brought about a secondary market that purports to be Buy to Let and probably uses mortgages from some lenders to fund these activities.