Let To Buy Mortgages
Let To Buy Mortgages - Let to buy mortgages are an alternative to buy to let mortgages, providing financing to move in to a new property while you rent out your current property. As long as the rent payments can meet mortgage payments on your existing property, lenders may not take any existing mortgage on the property in to consideration when calculating how much you can borrow when purchasing a new property. Similar to buy to let mortgages, let to buy mortgages allow investor landlords to expand their property portfolios before completing all payments to the existing lender on a property. Let to buy mortgages are especially useful for individuals that are re-locating and looking to purchase property in a new area, but want to keep their existing property.
Whatever your financial plans are, making sure any mortgage you apply for is cost-effective and affordable is a high priority. This is especially the case with let to buy mortgages, as researching local rental prices and calculating the size of mortgage payments you can afford is important to avoid missed payments or other budgeting problems.
We carry out a detailed fact find with each of our clients to establish what size mortgage payment they can afford, based on their income, current debt and the rates on let to buy mortgages available. As an experienced professional group of advisers, we pride ourselves on finding the right mortgages from the right lenders at the right rates for all our clients. Maintaining the highest levels of client satisfaction and giving you support from start to finish of any mortgage application is our priority.
If you need any assistance why not speak to one of our Mortgage Advisers by calling 020 77 100 400 or Enquire Online.
Moving to a new house but want to keep your current property? Call our team today to find out more about let to buy mortgages.