Definition of buy-to-let in US English:



  • Denoting or relating to a property bought by a person with the intention of renting it out rather than living in it.

    ‘a company specializing in buy-to-let mortgages’
    • ‘Some 40,000 buy-to-let mortgages were advanced in the three months until the end of June, worth £5.1bn in total.’
    • ‘Easy access to buy-to-let mortgages for professional investors has been blamed by critics for making it harder for others to buy their own homes.’
    • ‘As house prices continue their increasing prices, more are being bought by buy-to-let landlords.’
    • ‘The majority of buy-to-let mortgages are interest-only, but does that carry an inherent risk?’
    • ‘The bank focuses on specialist lendings, including the market for buy-to-let mortgages.’
    • ‘Many pensioners could even use their pots to invest in buy-to-let properties which could stoke future house price bubbles.’
    • ‘There are two million buy-to-let landlords in the private sector.’
    • ‘The couple bought their dream home and two buy-to-let properties and invested in the stock-markets.’
    • ‘We have over 700 prospective buyers registered on our books and a lot of them are ready to proceed having already sold or they are looking for a buy-to-let property.’
    • ‘The rental sector remains highly fragmented, made up mainly of individual landlords who each own a small number of buy-to-let homes.’