MORTGAGES
LET To BuyLet out your old home while you borrow money to purchase your new one!
Let To Buy
Alternative
to the popular Buy To Let option.
A let to buy mortgage works by allowing you to borrow money to buy a new home to move into, while your existing residence is let out to tenants.
The new mortgage lender will calculate the maximum that they are prepared to lend you and not take your existing mortgage into consideration as a commitment as long as the rent covers the existing mortgage payment and/or fits the new lenders let to buy calculations.
A deposit maybe required for the new mortgage however this maybe released from the existing property by remortgaging or a secured loan.
* Be aware that you must ask your existing lender for permission.
Buy to Let Mortgages are not usually regulated by the Financial Conduct Authority. You may have to pay an early repayment charge to your existing lender if you remortgage. Secured Loans are arranged by Introduction Only.
How Tina Cranfield Financial Services Helps You
Mortgages can feel confusing, especially if it’s your first time. That’s where Tina Cranfield Financial Services comes in.
We can help you by:
- Explaining everything in plain English
- Checking if this mortgage is right for you
- Helping you gather the right paperwork
- Handling the application from start to finish
- Being there to answer every question (no matter how small)
You’re not expected to know how mortgages work — that’s our job.
Could This Work for You?
If you’re renting, paying your bills on time, and dreaming of your own place, you might be closer than you think.
Buying your first home doesn’t have to be scary — and it definitely doesn’t have to be done alone. 🏡✨
Please call 01526 352076 for a friendly, no-pressure chat.
Your home may be repossessed if you do not keep up repayments on your mortgage.
Find Us
Suite 1 Matthew Temple House,
The Broadway, Woodhall Spa, Lincolnshire LN10 6ST