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Let to Buy Mortgages Manchester

Move Home and Rent Out Your Current Property with Let to Buy

Thinking about moving to a new home while renting out your current property? A Let to Buy mortgage can be the perfect solution. This type of mortgage allows you to let out your existing home and secure financing for a new property, giving you the best of both worlds—earning rental income while purchasing a new home. Our expert advisors are here to guide you through the process and find the best Let to Buy mortgage for your needs, all with 100% fee-free service.

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What is a Let to Buy Mortgage?

A Let to Buy mortgage is a unique financial solution that allows you to rent out your existing home while purchasing a new property. This option is ideal for homeowners who want to move without selling their current property, as it enables you to turn your home into a rental investment. The rental income can be used to support the mortgage payments on your existing home while you take out a new mortgage for your next property.

Let to Buy mortgages are increasingly popular with homeowners looking to build a property portfolio or those who may need more space without wanting to sell their home. Our advisors will work with you to secure the best mortgage deals, ensuring both your current home and your new property are financially manageable.

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How Does a Let to Buy Mortgage Work?

With a Let to Buy mortgage, you essentially convert your existing home into a rental property while securing a new mortgage for the home you’re moving into. The process begins by remortgaging your current property as a Buy to Let, which allows you to release equity to help fund the deposit on your new home. The rental income generated from your first property is used to cover the mortgage payments, while you manage the new mortgage for your next home.

This process works well if you have enough equity in your current home and want the flexibility to keep it as an investment property. Lenders will assess factors such as rental income potential, your personal finances, and affordability when considering Let to Buy applications. Our expert team will guide you through each step, ensuring the process is smooth and tailored to your goals.

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0161 710 2587

Search Mortgage Solutions
  • Aaron was fantastic. We had a few highs and lows in our house buying process and he guided us through the issues expertly and was always on hand to answer our queries or calm our nerves! He went the extra mile for us and we really appreciate it. Thanks Aaron!.

    Liz Lawson
  • I found Aaron at Search Mortgage Solutions extremely helpful and a necessity in sourcing a remortgage and new mortgage. I find all of the legal vocabulary very confusing, so having Aaron break it all down for me and go through the different options made it manageable. Quick, efficient and easy. I would highly recommend this company..

    Cathy
  • I cannot recommend David and Search Mortgage Solutions highly enough, the service was exceptional throughout the whole mortgage process. I work away a lot and found it difficult to arrange an appointment with lenders, but David came to see us on a Sunday night to go through the initial application and always had time to answer any subsequent queries and keep us up to date. I felt confident that the whole team were giving us the very best service they could, and they could be relied upon to chase the application on our behalf and to deal with queries from the lender to take as much hassle away from us as possible. I would recommend to all of my friends and colleagues, and we’ll be back in 3 years for the renewal!.

    Adrian
  • I have been extremely happy with your assistance in helping us find and apply for our mortgage. You have always promptly responded to any questions I have had along the way and been clear and concise with all the information you have provided. You have made everything much smoother and easier to understand than I ever thought possible! Vicky Hayward you are a star – you go above and beyond I’m sure. You do a fabulous job and I will definitely be recommending you..

    Kay & Chris
  • Search Mortgage Solutions were recommended to me by a work colleague who had said they had been very helpful with the purchase of her first home and she wasn’t wrong! I didn’t really understand how the whole mortgage process worked as I was a first-time buyer, but David was excellent at explaining the process and he was very helpful and friendly. He was always prompt at replying and always kept us up to date with progress, he even sorted our life insurance too. The whole process was made simple and so stress-free and I would highly recommend David and the Search Mortgage Solutions team to friends and family. Thank you so much!!.

    Stephanie
  • This is the second time that I have used Search Mortgage Solutions and once again I’ve been very impressed. My advisor went out of his way to do additional research by talking directly to a series of underwriters and offered me a range of advice about how to increase my ability to borrow. The service has been friendly and efficient and, in terms of the product secured, got me exactly what I need. I’ll be recommending SMS to any friends who need a mortgage broker..

    Chris
  • I have used Search Mortgage Solutions twice now in the last 2 years, first when my wife and I purchased our first home, we had received so many knock backs from other brokers saying it wasn’t feasible yet David was excellent he searched the market effortlessly and worked hard to get us a deal which we could afford. Always kept us up to date with progress and even sorted our life insurance too. Therefore I had no hesitation returning when our fixed period was up to remortgage to a better deal which was taken care of swiftly. I have already recommended David and Search Mortgage Solutions to friends and family and will continue to do so..

    Neil
  • I just wanted to drop you a quick line to say thank you so much for all your help with the mortgage. As first time buyers you made the whole process extremely simple and stress free and we cannot thank you enough for all your assistance. Feel free to post this review on any websites you use. Thanks again for everything!! Thanks..

    Anne Marie
  • Search Mortgage Solutions where very courteous and prompt in all correspondence, further providing all necessary information in easy to access files that could be accessed via PC or mobile phone. When we agreed upon a new mortgage quote, Search Mortgage Solutions took care to arrange everything and have it all delivered to our home. Overall the service was prompt, friendly and thorough and we would highly recommend to anyone..

    Sarah
Search Mortgage Solutions

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51 Customer Reviews

Excellent Service

Excellent service from David, he secured my remortgage deal 2 years ago and he is always very helpful. He went above and beyond to get the best deal for me for my current mortgage and is always there to reassure me and offer advice and the best deals to go with.

Nicholas Ward
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We have access to the whole of the market of mortgage providers and because we don’t charge a fee, this can mean a savings for you of hundreds of pounds.

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  • Darlington Coventry
  • HSBC Vida
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  • Chorley Beverley
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Search Mortgage Solutions
125 Deansgate,
Manchester,
M3 2BY
0161 710 2587

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Think carefully before securing other debts against your home. Your home or property may be repossessed if you do not keep up with repayments on your mortgage

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