Question: what is the difference between buy to let mortgage and a normal mortgage?
Answer: Buy-to-let mortgages are a lot like ordinary mortgages, but with some key differences: ... Interest rates on buy-to-let mortgages are usually higher. The minimum deposit for a buy-to-let mortgage is usually 25% of the property's value (although it can vary between 20-40%). Most BTL mortgages are interest-only.