Let To Buy Mortgages
At BD Mortgages we are often asked what is the difference between let-to-buy and buy-to-let mortgages?
Let-to-buy and Buy to let mortgages might sound similar, but in reality they’re very different.
With buy-to-let, you’re purchasing a property specifically to rent out, whereas with let-to-buy you’re buying a new property to live in yourself and renting out your current home.
The big challenge with let-to-buy is that you can’t simply rent out your home and buy another one without first switching your mortgage, as operating a buy-to-let property with a residential mortgage will be breaching the terms of your home loan.
For more help and advice on Let to Buy Mortgages please contact us at Blake and Day Mortgages.
Get in Touch
We are always looking for new ways to exceed our clients expectations.
Feel free to contact us.
9am till 5pm Mon to Thu
9am till 4pm Fridays
Closed Saturday and Sunday
Braintree – 01376 743595
Felixstowe – 01394 775711