Let to buy mortgages allow homeowners to rent out their existing property while purchasing a new home, creating a linked arrangement that combines buy to let and residential lending.
At Holbrook Property Finance, we provide clear, whole-of-market advice to help ensure both mortgages are structured correctly and work together smoothly.
Let to buy mortgages involve remortgaging your current home onto a buy to let mortgage, while simultaneously taking out a new residential mortgage on the property you plan to live in. This approach is often used when homeowners want to move but keep their existing property as a rental investment.
Because two mortgages are involved, lender criteria must be carefully aligned. Lenders assess rental income from the existing property, affordability for the new residential mortgage, and the overall financial position of the borrower.
Let to buy arrangements require detailed planning to ensure both mortgages complete in the correct order and on suitable terms. Structuring the finance properly helps avoid delays and ensures the move proceeds smoothly.
Let to buy mortgages are more complex than standard residential or buy to let borrowing, as they involve coordinating two linked applications. Lender criteria can vary significantly, particularly around rental income calculations and affordability assessments.
At Holbrook Property Finance, we take a holistic view of your circumstances, assessing both properties and ensuring lenders are comfortable with the overall structure. With access to the whole of the market, we can identify lenders that are supportive of let to buy arrangements.
Using a broker also helps manage the timing and logistics of both mortgages. We coordinate applications, liaise with lenders and other parties, and help reduce the risk of delays or mismatched completions.
Let to buy mortgages can be structured in different ways depending on your objectives and financial position.
Some homeowners use let to buy to retain a long-term investment property, while others may plan to sell the rental property at a later date. Mortgage options can vary in terms of interest rates, repayment methods and loan-to-value limits depending on lender criteria.
Whether you’re moving for lifestyle reasons, upgrading to a larger home or relocating for work, we’ll help you explore let to buy mortgage options that balance affordability, flexibility and long-term sustainability.
At Holbrook Property Finance, we understand that let to buy requires careful coordination and clear communication. Our advisers take a relationship-led approach, ensuring every element is considered before moving forward.
You’ll benefit from whole-of-market access, clear and strategic advice, and proactive support throughout the process. Our 5 star Google Reviews reflect our commitment to professionalism, integrity and delivering smooth, successful outcomes for our clients.
Yes. Let to buy mortgages are specifically designed to support this type of move, subject to lender criteria.
A deposit is usually required for the new residential purchase, while the existing property is assessed based on rental income and equity.
Lenders typically assess expected rental income to ensure it meets stress testing requirements for the buy to let mortgage.
Costs can be higher due to buy to let rates and fees, but we’ll help assess the overall affordability and value.
Timescales vary depending on lender and complexity, but we manage both applications closely to keep everything progressing smoothly.
If you’re planning to move home and keep your existing property as a rental investment, specialist advice can help ensure the process runs smoothly.
Get in touch today to speak to a Holbrook adviser about let to buy mortgages.
No pressure, no hassle — just expert support tailored to your move.
Holbrook Property Finance Limited registered in England at Holbrook House, 34-38 Hill Rise, Richmond TW10 6UA, number 07066135 is authorised and regulated by the Financial Conduct Authority (FRN 790387). Our charges are dependent on the loan amount and your individual circumstances. A free initial consultation will be provided, and we will explain in all cases what you will be charged before you decide to proceed with an application. As we offer a tailored service our fees can vary. We may receive commissions that will vary depending on the lender, product, or other permissible factors. The nature of any commission model will be confirmed to you before we proceed.
