With many different types of buy to let mortgages available by lenders, it’s difficult to know whether a repayment mortgage is the right buy to let option for you.

A repayment mortgage could be right for you, especially if you are a first time landlord. A bi to let repayment mortgage is similar to a property repayment mortgage. With repayment mortgages, both the interest and part of the capital are paid, however, you can get interest only buy to let mortgages.

Investing into a repayment buy to let mortgage means you will get to enjoy some of the capital appreciation that occurs on the property. With interest only mortgages, you are only paying the interest, so your equity does not increase.

Shop around for flexibility on equity and how you accumulate it through your repayments. Some people want to quickly gain the equity; others just want the assurance that they have some equity in their investment.

Repayment mortgages are better for first time landlords, or those with few properties in their portfolio. Property investors looking to expand their portfolio would perhaps reap better benefits from an interest only

Flexibility can also include mixed repayment mortgages, allowing you the best of both worlds from both repayment and interest only buy to let mortgages. Get assistance with choosing the right buy to let mortgage or remortgage for you.