BTL Mortgages interest only? - Molo Finance

Why are buy-to-let mortgages interest only?

Historically, getting a mortgage means borrowing a sum from the lender and paying the amount back over a certain period, usually 25 years. Each month, you pay off part of the amount borrowed plus the interest on the loan.  But what happens when you only pay the interest and not the money borrowed? Sounds crazy, …

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