If you are looking to buy a property and are wanting to rent out the property, then a Buy To Let Mortgage might be what you need.
If you are buying a property to renovate and then let, or a holiday property that you wish to let to holiday makers either all year or just when you are not using it, then it is likely that lenders will not be willing to offer you a standard mortgage.
In that case, a buy to let mortgage may become your alternative. Depending on the lender, you might need to pay a larger percentage deposit than if you were buying a home, but the might also be willing to take into consideration rental income against costs.
Buy to let mortgages are not typically regulated by the FSA, so take care with any advice accepted.
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