Business terms and jargon explained. Your business dictionary

Buy To Let
This is when you buy a property to rent it out rather than live in
This is a property that is purchased for the purpose of renting as opposed to purchasing to live in. In the last decade this has boomed as the market has risen.
There are special rates and schemes for this purpose. There is also tax implications as the rent recievable is taxable and whn the property is sold its profit will be taxable.

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