LET TO BUY
Are you planning to buy a new home and keep your existing residence that is already on a mortgage?
You can, by remortgaging your current residence under a let to buy product, which will allow you to let your current residence upon the purchase of your new home.
If you want to rent out your property when it is on a residential mortgage, you cannot unless you have a permission to let or have changed your current residential mortgage to a Let to buy mortgage.
How Does a Let to Buy Mortgage Work?
Purchase Your New Home: You’ll secure a mortgage to finance your new property.
Remortgage Your Existing Home: Your current home will be remortgaged under a Let to Buy mortgage.
Rent Out Your Existing Home: Once the remortgage is complete, you can rent out your property to tenants
LIVE MORTGAGE RATES
Our Mortgage Solutions
First Time Buyer
Right to Buy
Buy to Let
New Build
Remortgage Rate Switch
Moving Home
Let to Buy
Shared Equity
Equity Release
Additional Borrowing
Second Charge
Auction Purchase
CHOOSE YOUR FINANCE...
Mortgages - Buy to Lets - Second Charge loans - Development & Bridging - Commercial Loans
We are a whole of market Broker with over 30 years of experience and access to a wide range of providers. Besides Finance, we also specialise in General Insurance via our sister company Bima and advice on the whole range of Mortgages and Loan protection via Regency Financial Services.
