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Something I get asked a lot is, Why are Buy-To-Let mortgages INTEREST ONLY? Well there is a reason... Today I am going to be showing you why the majority of Buy-to-Let mortgages are interest only! Do you have a Buy-to-let? Do you have an Interest Only mortgage on it? What is the different between an interest only mortgage and a repayment mortgage? Let me know if the video explaining why Buy-to-Let mortgages are usually interest only mortgages!
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00:00 - Intro
00:18 - Different mortgages
00:29 - Interest Only
00:40 - Repayment Mortgages
00:51 - Why Interest Only?
02:38 - Why Repayment?
06:24 - What happens at the end?