Are you keen to get into the buy to let Property Rental market? It can certainly make a lot of sense. Having a property that generates income from rental payments can be extremely worthwhile and can make you a lot of money.

But if you don’t have the spare funds to invest in such a property in the first place, how do you go about getting a piece of this action?

Well this is the reason why banks and other lenders offer buy to let mortgages. Interest only buy to let mortgages are particular popular at the moment, because interest rates are fairly low. This means that the monthly payments are lower than they would be for a more traditional capital repayment mortgage.

If you are able to rent the property out for more than you’re paying to your lender each month in mortgage payments, you have a profitable investment on your hands. Not only that, but having some property in your portfolio is usually considered to be a good thing because while prices may go down over the short term, generally speaking if property is held over a long period, it is usually a stable long-term investment.

So if you’re planning to take out a loan to invest in a property to rent out, speak to your lender about their interest only mortgage options. You might be pleasantly surprised at what they have on offer. And if they are not a able to offer you a good deal, there are plenty of other lenders out there who might want to compete for your business.