Remortgaging your existing home to buy another property couldn’t be easier with the help of a mortgage broker and a Let to Buy mortgage. A Let to Buy mortgage is specifically designed to transform your existing property into a Buy to Let property and allow you to purchase a subsequent home. This specially designed product is becoming more and more popular as people seek to increase their property portfolio or are struggling to sell but could easily rent their existing home.
Due to complexity of the transaction it’s vital to seek advice from a mortgage adviser or a broker and with access to the whole mortgage market and exclusive deals. A broker is the right place to start.
Enlist the help of a mortgage broker quickly and easily with our short form. A broker will call you back free of charge and with no obligation.
Mr A was looking to rent out his existing home, whilst raising enough capital for a deposit on a new purchase. Capital was raised against the existing property to a maximum of 75% LTV and applied to the new purchase as a 15% deposit. The BTL was accepted on interest only. Let to Buy was accepted by the lender due to the associated purchase.
Mr Andrews - Nottingham
"Advice Hunters have really helped me, I have always wanted to have a property portfolio and now thanks to Adam I have taken my first step. I was able to rent out my old house and use the money from my remortgage to put down a deposit on a new property. It has allowed me to move but still keep my old property. Really impressed with the service I received!"