Let to Buy mortgages are ideal for people who are looking to move but are struggling to sell their own property.
These mortgages enable you to raise capital against your existing property to help buy a new one. You then rent out your existing property to help with the mortgage payments. This means that you no longer have to rely on the sale of your existing home to move.
These mortgages are also ideal if you want to retain your existing property as a long-term investment. There is no stipulation that you purchase a new residential property if you are looking at moving in to short term rented accommodation. Instead, Let to Buy allows you to re-mortgage your residential property and rent it out, therefore becoming a landlord for the first time.
Call us on 01262 213333, or e-mail katie@alanbellmortgages.co.uk or helen@icf-fs.co.uk to discuss your requirements.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT.
There may be a fee for mortgage advice. The precise amount will depend on your circumstances but we estimate that it will be £300.
ICF Financial Services Ltd (Alan Bell Mortgages) is a Credit Broker and not a lender and any fees are charged solely for Credit Broking Services, not lending services.
Let to Buy mortgages are ideal for people who are looking to move but are struggling to sell their own property.
These mortgages enable you to raise capital against your existing property to help buy a new one. You then rent out your existing property to help with the mortgage payments. This means that you no longer have to rely on the sale of your existing home to move.
These mortgages are also ideal if you want to retain your existing property as a long-term investment. There is no stipulation that you purchase a new residential property if you are looking at moving in to short term rented accommodation. Instead, Let to Buy allows you to re-mortgage your residential property and rent it out, therefore becoming a landlord for the first time.
Call us on 01262 213333, or e-mail katie@alanbellmortgages.co.uk or helen@icf-fs.co.uk to discuss your requirements.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT.
There may be a fee for mortgage advice. The precise amount will depend on your circumstances but we estimate that it will be £300.
ICF Financial Services Ltd (Alan Bell Mortgages) is a Credit Broker and not a lender and any fees are charged solely for Credit Broking Services, not lending services.
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