Let to buy

If you can’t or don’t want to sell you current home, we may be able to arrange a “Let to Buy” mortgage for you. This is where you rent out your current home to enable you to purchase another to live in.

To rent your current home out you must first get permission from your current mortgage lender or change to a Buy to Let mortgage. You will then need a deposit to purchase your new home. If you do not have the cash available you may be able to release some of the equity from your current home to use as your deposit.

Not all lenders offer this kind of mortgage and the criteria is different to that of a normal residential mortgage, so speak to us first to see if you qualify for this type of loan.

See also buy to let mortgages.

Think carefully before securing other debts against your home.
Your home may be repossessed if you do not keep up repayments on your mortgage.