Buy to Let Mortgage Renting to a Family Member in the UK

In this video Mortgage Broker Mr Payam Azadi explains the difference between a "family" buy to let to a standard one. In essence "family" members who are to be tenants are afforded more consumer protection. This added layer of bureaucracy and paperwork means only certain lenders take on family buy to lets and as such the product choice and qualification rules can be quiet different - so why not watch for a greater insight! More information on this subject can be found on this page: https://www.nicheadvice.co.uk/buy-let-mortgage-rent-family-member/ #Buytolet #Rentingtofamily #Regultedbuytolet CONTACT US: Get in contact with Payam Azadi: https://www.nicheadvice.co.uk/contact-us/ THINK CAREFULLY BEFORE SECURING DEBTS AGAINST YOUR HOME OR PROPERTY. A mortgage or other loan secured against your home or property may be repossessed if you do not keep up repayments, or if you do not repay it at the end of the term. If you are thinking of consolidating existing borrowing, you should be aware that you may be extending the term of the debt and increasing the total amount you repay. Niche Advice Limited is a mortgage and credit broker, not a lender, and does not lend money directly to clients. Niche Advice Limited is authorised and regulated by the Financial Conduct Authority. FCA Firm Reference Number: 750263. The Financial Conduct Authority does not regulate every mortgage or secured finance product. Commercial mortgages, business buy-to-let mortgages and some bridging finance are not normally regulated by the Financial Conduct Authority. Consumer buy-to-let and regulated mortgage contracts are treated differently, and the protections available to you depend on the product, the borrower, how the property is used and your circumstances.