Buy to Let Mortgage Renting to a Family Member in the UK
Channel: Niche
Date: 2020-07-12

In this video Mortgage Broker Mr Payam Azadi explains the difference between a "family" buy to let to a standard one. In essence "family" members who are to be tenants are afforded more consumer protection. This added layer of bureaucracy and paperwork means only certain lenders take on family buy to lets and as such the product choice and qualification rules can be quiet different - so why not watch for a greater insight!

More information on this subject can be found on this page: https://www.nicheadvice.co.uk/buy-let-mortgage-rent-family-member/

#Buytolet #Rentingtofamily #Regultedbuytolet

CONTACT US:
Get in contact with Payam Azadi: https://www.nicheadvice.co.uk/contact-us/

AS A MORTGAGE IS SECURED AGAINST YOUR HOME OR PROPERTY, IT COULD BE REPOSSESSED IF YOU DO NOT KEEP UP THE MORTGAGE REPAYMENTS.

Think carefully before securing other debts against your home. Some Buy to let and commercial mortgages are not regulated by the Financial Conduct Authority.  

Niche Advice Limited is a Credit Broker and does not lend money directly to clients.

Niche Advice Limited is authorised and regulated by the Financial Conduct Authority. FCA No: 750263. The Financial Conduct Authority does not regulate Commercial Buy to Lets.
The content of this Video does NOT constitute giving advice it is purely designed for general information purposes only. The qualification for a mortgage will depend on your own individual circumstances and your case should be fully discussed with a Professional Mortgage Broker before you apply.