Let to Buy
If you want to move home but are struggling to sell your property or due to market conditions it has fallen in price, then let to buy may be a consideration.
By letting your property out, it would allow you to move into your dream home without selling in a hurry and furthermore without selling at a loss.
But how does Let to Buy work?By remortgaging your property you can release money out to use as a deposit on a new home. This can only be done if you have sufficient equity in your property. You would then let out your current property and use the rental earnings to cover the cost of the mortgage. We can support and advise you on this. | Additional mortgage possibilities if you can’t sellFinding suitable buyers for your property can be occasionally challenging, therefore it may be worth staying where you are and spend a little money on home improvements. Ideas such as redecorate, changes to the garden space or adding an extension and make a home feel special again. By speaking to Altogether Financial you may be able to fund these modifications to your home through remortgaging your current property. Our qualified mortgage advisers can help you to choose if this is the right choice for you. Contact our team on 01274 590944 or complete our contact us form. |
But how does Let to Buy work?
By remortgaging your property you can release money out to use as a deposit on a new home.
This can only be done if you have sufficient equity in your property.
You would then let out your current property and use the rental earnings to cover the cost of the mortgage.
We can support and advise you on this.
Additional mortgage possibilities if you can’t sell
Finding suitable buyers for your property can be occasionally challenging, therefore it may be worth staying where you are and spend a little money on home improvements. Ideas such as redecorate, changes to the garden space or adding an extension and make a home feel special again.
By speaking to Altogether Financial you may be able to fund these modifications to your home through remortgaging your current property. Our qualified mortgage advisers can help you to choose if this is the right choice for you.
Contact our team on 01274 590944 or complete our contact us form.
YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE
There will be a fee for mortgage advice. Our fees and charges vary depending on the Services we provide to you. We typically charge a fee of £495 payable upon completion for a remortgage. For purchases we typically charge a fee of £495 of which £250 is payable upfront and £245 is payable upon completion.