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LET TO BUY Let to Buy Mortgages are designed to help people who wish to buy a property to reside in but want to keep their current home as an investment. With a Let to Buy Mortgage, you can use the rental income to support the mortgage on your first property. There are many high street lenders who will fund a second mortgage so long as the rental income is sufficient enough to cover your first mortgage. You must check with your current mortgage lender to insure that they give permission for your property to be let. If not, then we can help you find a mortgage with a specialist Let to Buy lender. If you are unable to provide a deposit for the second property, then we can help you re-mortgage your current property to release equity to fund the deposit. Remember that we are here to help and one of our qualified mortgage advisors will be only too happy to help with any questions you may have. |
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