Let To Buy
If you want to keep your existing property as an investment then we can explore the option of converting it into a BTL mortgage and even release some funds for your onward purchase. This can also be used to put you in a strong position to proceed with your dream home without the worry of finding a buyer or a chain breaking down. You may also be in a situation where you are unable to sell your home, but you are able to rent it out and this option could be the perfect solution.
Depending on the let-to-buy rates you qualify for, you should be able to use your newfound rental income to cover your mortgage. You may even have some funds left over to help you with your residential mortgage.
Let To Buy New Build
When you purchase a new build, there can be a long wait until the property is ready and it can be difficult to obtain a completion date in advance. This can cause chain break downs and sometimes makes it more difficult to get a buyer from the outset. Let us explore the option of letting out your current property to see if it could be an option in your current situation, we promise to do the hard work for you!