Considering buy-to-let mortgages can be quite a bit more expensive than your typical residential mortgage it’s tempting, when renting out your former home, not to tell your mortgage company what you’re about to do and just stick with the cheaper percentage interest instead.
But it’s not wise.
The more rooms you have rented out then the more money you’ll receive at the end of the day. It’s simple arithmetic. Therefore, doesn’t it make sense to try and let as many rooms as you can in order to make as quick a profit as possible?
I'm Jacquie the Property Go-To Girl. I am passionate about property. I love to help people make the most out of their property investments!