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FOR THE USE OF PROFESSIONAL MORTGAGE INTERMEDIARIES ONLY BUY TO LET PRODUCT RATES Combined CCS & Defaults Do not count/ignore: CCS registered/Defaults more than 36 months ago (Vida 1) or 24 months
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What is buy to let product?
Buy to let product is a financial product where an individual purchases a property with the intention of renting it out to tenants in order to generate rental income.
Who is required to file buy to let product?
Individuals or companies who own buy to let properties and receive rental income are required to file buy to let product.
How to fill out buy to let product?
To fill out buy to let product, individuals or companies need to provide information about the rental property, rental income received, expenses incurred, and any other relevant financial details.
What is the purpose of buy to let product?
The purpose of buy to let product is to accurately report rental income and expenses related to rental properties for tax purposes.
What information must be reported on buy to let product?
Information such as rental income, expenses, mortgage interest, property taxes, insurance, and any other relevant financial details must be reported on buy to let product.
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