Let To Buy

The majority of lenders will only lend 75% LTV on buy-to-let mortgages. This means that you’ll need a deposit of at least 25% for your existing property and of course all mortgages are subject to credit checks, but there are even lenders out there that will look at lending regardless.

Of course you can! We will send you the information that we need and talk you through our Terms of Business from the outset so that we can all be confident in how to proceed.

We think that property can be a great long-term investment, so you may not want to sell your home. Many of us will sell our homes so that we can use the capital to fund our next purchase. If you don’t necessarily need to sell before you buy, a let-to-buy mortgage would make perfect sense.

• Let-to-buy can make the process a lot easier, as trying to arrange two separate mortgages while you’re moving home can be difficult
• There’s a lot less pressure because you can move home in your own time, as you won’t be in a chain waiting to sell your home
• If property prices increase in the future, you’d benefit by owning two homes as opposed to one
• Fees may be more competitive when compared to buy to let mortgages
• As you’ll own two properties, you can leverage your assets if you ever need to
• Your buy to let should provide you with an income large enough to cover most of the mortgage, if not all of it