Where can a Let to Buy benefit you?
If you are considering retaining your current residential property, re-mortgaging with a let to buy mortgage may be the solution.
Other considerations could be:
- Obtain consent to let
- Structure a Limited Company Buy to Let purchase
- It may be best to sell the property
One of our experienced brokers will analyse the figures with you to establish what impact the Let to Buy might have moving forward. It is important with any buy to let that you seek specialist advice from a property accountant so you have a full understanding of the implications this will have on your tax scenario.
A let to buy can assist you in: shortening a chain to better your chances of a new residential purchase: enable you to retain a sentimental family home: assist you in raising capital: create a buy to let portfolio to generate income: allow you to plan for the future of your family.
In short, embarking on the Let To Buy process is considerably more complex than the that of obtaining a basic residential or Buy To Let Mortgage. Hawke FS will be on hand to guide you every step of the way.