Let-to-buy mortgage
The short answer
Let your home and buy another
- Price from
- On quote
- Time on site
- 1 to 2 hours
What you get
Expert advice on let-to-buy mortgage options tailored to your personal and financial situation, helping you understand eligibility and the application process.
See your price and free times
Enter your postcode to see the cheapest price for Let-to-buy mortgage near you and the next available times.
When do you need a Let-to-buy mortgage?
You need a let-to-buy mortgage when you plan to keep your current home and rent it out, while simultaneously purchasing another property to be your main residence. It is suitable for those who want to move home but believe their existing property has good investment potential or who are in a negative equity situation.
What happens on the day
On the day of your consultation, a mortgage advisor will discuss your financial circumstances, property details, and future plans. They will explain the let-to-buy process, assess your eligibility, and provide initial mortgage product recommendations without obligation.
How to prepare
- Gather details of your current mortgage, including outstanding balance and interest rate.
- Estimate the current rental income potential for your existing home.
- Have an idea of your new property purchase price and deposit available.
- Prepare details of your income, outgoings, and any other debts.
- Bring photo ID and proof of address.
How to improve your result
- Improve your credit score by paying bills on time and reducing outstanding debts.
- Save a larger deposit for both the buy-to-let and residential mortgages to access better rates.
- Research local rental demand and potential yields for your current property.
- Consider getting an Agreement in Principle (AIP) early to understand your borrowing limits.
Why it is useful day to day
Helps you retain your current home as an investment while moving to a new property, providing flexibility and potential for rental income.
Why we ask these questions
We ask about your property, finances, and intentions to understand your current equity, rental income potential, and borrowing capacity. This helps us find the most suitable let-to-buy mortgage products and ensure you meet lender criteria.
Frequently asked questions
Often needed alongside
First-time buyer mortgage
Deposits, schemes and first-home lending
Auction finance
Fast funding to complete within auction deadlines
Residential mortgage advice
Whole-of-market mortgage advice
Bridging finance
Short-term loans for purchases and chains
Buy-to-let mortgage
Mortgages for rental property
Shared ownership mortgage
Part-buy, part-rent lending and staircasing
Buying agent / property finder
Find and negotiate on your behalf
HMO & multi-unit mortgage
Lending for HMOs and multi-unit blocks