Let to Buy Mortgages
It can be a shrewd investment and it's tax efficient too...
Protecting your future
Many people now choose to let their existing property rather than sell when they move into a new home.
Let to buy can bring you a range of benefits: it can be a shrewd investment and it's tax efficient too - the Inland Revenue will allow you to benefit from tax-free capital growth on both of your properties for up to two years.
What's more, let to buy can simplify the home moving process because your current property won't be involved in a chain. It's also often possible to use equity from your existing property to fund the deposit on your new home.
How Manor Brokers Mortgage Advice can help
Many lenders offer let to buy borrowers preferential or even prime residential rates. Manor Brokers Mortgage Advice can help you find the best deals and advise you on how they compare with options that your current lender may wish to offer you.
Your home may be repossessed if you do not keep up repayments on your mortgage.