Hi,

I am going well with my new job and at some point, my partner and I would like to buy.

Secondly, we'd like to 'buy to let' for our first property. It may sound silly, but at the moment it really suits us where we are, and we couldn't afford to buy where we are. We'd be looking at buying the cheapest of the cheap flat to 'get a foot on the ladder', and to let it out to someone else. Will this further complicate things? Will I need a commercial buy to let mortgage, or can I get a personal one for that?

Hope that makes sense (it doesn't make much to me!)

Many thanks,
rafael

I had been in the same position as you and I had to buy the cheapest decent property I could get just to start. What I did was get a loan from the bank and have the property as collateral. I pay the mortgage using the the rent I get from that property plus revenue from another business. It turned out well without much risk from me. I am looking for another property now.