At the beginning of last year fly-to-let was all the rage, as it had been for the 2 years previous. For those who don’t know, fly-to-let is a play on the words buy-to-let. Buy-to-let is buying a property with the sole intention of letting it out for a profit, and fly-to-let is doing this abroad. Look here for a more detailed explanation of Buy to Let.
In most buy and fly-to-let transactions the aim is that the income from the rentals of the property will cover some or all of the mortgage repayments. Buy-to-let landlords who buy properties in their own country will want all the repayments covered, whilst fly-to-let owners can balance how much of the repayments are covered with how much they want to use the property for their own holidays.



