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 remortgage your residential property and rent it out, therefore becoming a landlord for the first time.
Call us on 01482 638300, or e-mail firstname.lastname@example.org, to discuss your needs.
Your home may be repossessed if you do not keep up repayments on your mortgage. There may be a fee for mortgage advice. The precise amount will depend upon your circumstances but we estimate that it will be £350.
ICF Financial Services Ltd 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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