Keeping your existing property as a buy to let
When you vacate your current property, you might want to retain a financial interest in it and let it out to supplement your other investment strategies. This situation has traditionally been known as a Let to Buy, but is becoming known as a Consumer Buy to Let.
In certain circumstances, it can make a lot of sense to retain your existing property and it might be possible to release some of the retained equity as a deposit for your onward purchase. PAD Financial can work with you to establish whether a Let to Buy is a viable proposition, what the best mortgage is to facilitate the lending and what residential mortgage is best for the onward purchase.
If you would like to know how PAD Financial can help you, please contact us now.