buy-to-let
Landlord mortgage type
Buy-to-let describes property purchased specifically to rent out rather than live in.
The term is primarily British, referring to the investment strategy and the mortgage products designed for it: buy-to-let mortgage rates have risen sharply.
A landlord with multiple buy-to-let properties builds a rental portfolio.
The practice expanded dramatically in the UK from the 1990s onward.
One who rents property
- landlordProperty owner renting out
- leaseTemporary use contract
- agreementShared position between parties
- depositPlace for safekeeping
rent · occupancy · eviction · renewal · furnished · unfurnished · referencing · arrears
Secured home loan
- loanBorrowed money repaid later
- interestAttention, stake, or fee
- borrowerOne who takes temporarily
- lenderOne who loans money
repayment · principal · amortization · fixed-rate · equity · refinance · credit · debt
Produce or relinquish
- returnGo back again
- appreciationRecognition of worth
- cashflowNet money movement
- portfolioCollected works or assets
diversification · ROI · profit · asset · equity · valuation · market · risk
Lacking vertical variation
- apartmentRented unit in building
- houseResidential building
- studioCreative professional's workspace
- HMONetwork-based insurance plan
terraced · semi-detached · detached · new-build · off-plan · freehold · leasehold · residential
Preserving working condition
- repairsRestorative maintenance work
- insuranceContractual risk coverage
- complianceAdhering to requirements
- inventoryCatalog of held assets
tenant
One who rents property
- landlordProperty owner renting out
- leaseTemporary use contract
- agreementShared position between parties
deposit · rent · occupancy · eviction · renewal · furnished · unfurnished · referencing · arrears · guarantor
mortgage
Secured home loan
lender · repayment · principal · amortization · fixed-rate · equity · refinance · credit · debt · term
yield
Produce or relinquish
- returnGo back again
- appreciationRecognition of worth
- cashflowNet money movement
portfolio · diversification · ROI · profit · asset · equity · valuation · market · risk · liquidity
flat
Lacking vertical variation
HMO · terraced · semi-detached · detached · new-build · off-plan · freehold · leasehold · residential · refurbishment
maintenance
Preserving working condition
- repairsRestorative maintenance work
- insuranceContractual risk coverage
- complianceAdhering to requirements
licensing
Granting official permission
- UK Propertyfreehold, leasehold, estate agent, council house, terraced house
- housing marketstarter home, first home, fixer-upper, condo, flat
buy-to-letowner-occupied
Resided in by proprietor
primary residence · first-time buyer · owner-occupier · second home
buy, let, buys, buying, bought, buyer, buyers, lets, letting