Let To Buy Mortgages

Q: How does Let to Buy work?

Let to Buy allows you to convert your current residential mortgage into a Buy to Let mortgage while purchasing a new home with a Residential mortgage. This enables you to retain your original property as an investment while moving to a new residence.

Q: Do I need a lot of equity to do this?

Most lenders require at least 25% equity in your current property, though some may accept 20%. The equity level determines your loan-to-value ratio and affects the mortgage products available to you.

Q: What documents will I need?

You will need a Rental Valuation for your current property, proof of income for the new residential mortgage, and documentation for the onward purchase property.

Q: What about Stamp Duty?

When purchasing a second property, you may be subject to the Higher Rate of Stamp Duty (SDLT), which adds an additional percentage to the standard stamp duty rates.

Are you looking to move to a new home but want to keep your current property as an investment? Our fee-free mortgage broker service specialises in Let to Buy arrangements, helping you secure two mortgages simultaneously: a Buy to Let for your current house and a Residential mortgage for your new one, all without paying any broker fees.
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How can we help you?

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Why choose the fee free mortgage broker for your Let to Buy?

A Let to Buy (LTB) is a strategic move that allows you to become a landlord without the pressure of selling your current home in a slow market.

We manage the complexity of coordinating two separate mortgage applications at once. Our team ensures that the timelines for your "departure" property (the one you're letting) and your "onward" property (the one you're buying) align perfectly.

Whether you are moving for work, upsizing for a growing family, or simply starting a property portfolio, we handle the technical details so you can focus on the move.

100% Success rate on coordinated Let to Buy applications.
12,000+ Products to find the perfect lender match for both properties.
Fee-Free: Save your cash for Stamp Duty and moving costs.

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The Benefits of Let to Buy

Smiling couple standing in a room with moving boxes, woman holding a key and man holding a cardboard box.

Break the Chain: You don't need to wait for a buyer for your current home to move into your dream house.
Build Long-term Wealth: Retain your original property and benefit from potential capital growth and rental income.
Release Equity: We can help you remortgage your current home to "pull out" the deposit needed for your new residence.
Expert Coordination: We liaise with both lenders to ensure the affordability and rental stress tests are met across both mortgages.

FAQs about Let to Buy Mortgages

We strive to make our loan process simple and accessible to everyone.

How does Let to Buy work?

You essentially take out two mortgages at the same time. You remortgage your current home onto a Buy to Let rate (often releasing equity for a deposit) and simultaneously take out a Residential mortgage for your new home. The rental income from the first property usually covers its own mortgage.

Do I need a lot of equity to do this?

Generally, you need at least 25% equity remaining in your current home after you've taken out any deposit for the new one. However, some lenders may accept a 20% deposit. We can run the numbers for you during a free consultation.

What documents will I need?

You will need your standard proofs of income (payslips/SA302s), but also a Rental Valuation for your current home from a local estate agent to prove it will generate enough rent to cover the new BTL mortgage.

Is this service really Fee-Free?

Yes. Whether we are doing one mortgage or two for your Let to Buy transition, we do not charge a broker fee. We are paid by the lenders upon completion, meaning you keep more of your hard-earned equity.

What about Stamp Duty?

When you Let to Buy, your new purchase is technically a "second property," which usually incurs the Higher Rate of Stamp Duty (SDLT) in the UK. We can explain how this works and any potential for refunds if you sell your original home later.

Key Requirements for Let to Buy

Minimum 20–25% equity in your current property.

Evidence of a suitable "Onward Purchase" (the new home).

A projected rental income that meets the lender's "stress test."

Proof of income to support the new residential mortgage.

Know more

FCA Disclaimer:Your home or property may be repossessed if you do not keep up repayments on a mortgage or any other debt secured on it. Some Buy to Let and Let to Buy mortgages are not regulated by the Financial Conduct Authority.

Let To Buy Mortgages

How can we help you?

let us know about your circumstances to get your application started