Type of Buy to Let
Standard Buy to let – this is where the transaction does not merit either of the criteria above and is purely a business transaction to generate income and yield
Regulated Buy to let – this is when you or a member of your family will at some stage be a tenant
Consumer Buy to Let – this is when you have lived in the property as your main residence or you inherit a property that was a main residence and then due to a change in circumstances you choose to let the property and you receive no other rental income. Intermediaries must hold appropriate FCA permissions