Let To Buy Mortgage

Once a specialist mortgage for people who wanted to retain their existing residential property for rental, whilst at the same time purchasing a new property to live in. As the number of people doing this has increased, the process has become mainstream.

The usual problem was that most lenders would look at your ability to pay both mortgages at the same time. Often this meant that income multiples were a problem.

Now, it's simply a matter of finding a lender who will accept that the rental income covers the mortgage on the existing property.

People in this situation will often remortgage their existing property to raise a substantial deposit for their new residential property. 

If this is your situation, and you'd like to discuss it with me, you can contact me here