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Let-to-Buy eliminates the pressure of selling your existing home before purchasing a new one. You can secure your dream home while ensuring your current property generates rental income.
The rental income from your current property can help bridge the financial gap between your existing mortgage and the new one for your desired home.
You won't be burdened with the double expense of owning two properties with mortgages. Let-to-Buy allows you to manage the transition smoothly.
The rental income can be factored into your affordability assessment, potentially increasing your borrowing power and allowing you to buy a more expensive property.
Knowing your current property is tenanted provides peace of mind while you search for a buyer without the urgency to sell quickly and potentially for a lower price.
Our experienced advisors at Gloucester Mortgage Centre will guide you through the Let-to-Buy process. We'll help you understand the eligibility criteria, find the right mortgage options, and ensure a smooth transition to your new home.
Services that might benefit you....
Gloucester Mortgage Centre are authorised and regulated by the Financial Conduct Authority, FCA registered (http://www.fca.org.uk/register) under reference 300783.
The Financial Conduct Authority does not regulate Buy to Let Mortgages.
Gloucester Mortgage Centre may charge a fee for arranging your mortgage. Typically £495, the actual fee will depend on your circumstances.
Your home may be repossessed if you do not keep up with the repayments on your mortgage.
Information contained within this website is subject to UK regulatory regime and is therefore targeted at UK consumers.
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