How Do I/You Remortgage To A Buy To Let?

Often complex, but as long as your LTV (loan to value) is no greater than 75%-80% - there will be plenty of options available to you. In order to complete on this type of remortgage, all lenders will want to know your future living/residential status. For most, this is buying a new residential property to move into and as such, mortgage lenders will expect same day completion of both the purchase and the remortgage.

Even if you currently have nothing in savings, you could potentially still remortgage to a buy to let mortgage, release equity in the process for a deposit on a new property, and then use these proceeds when completing on the new purchase.

As we say, this situation is clearly complex and having a mortgage broker who understands both buy to let mortgages and residential purchase mortgage is crucial - and that’s where we can help