Let to Buy Mortgage - Mint FS

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  • mint
    Junior Member
    • Sep 2022
    • 1

    Let to Buy Mortgage - Mint FS

    The first thing to consider is whether you have enough equity in your first home. Purchasing a second home using a let to buy mortgage may be a good option for people with equity in their current homes. Another option is to rent out your current home while you look for your new one. This allows you to take your time finding the right place and get to know the area better.
  • ClintFitzgerald
    Junior Member
    • Jan 2023
    • 5

    #2
    So, here's the scoop – a while back, I was in a similar situation. Had this cozy little spot I called home but started eyeing a new place. Heard about the whole let to buy mortgage thing, and it got me thinking.

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    • ClintFitzgerald
      Junior Member
      • Jan 2023
      • 5

      #3
      Originally posted by ClintFitzgerald
      So, here's the scoop – a while back, I was in a similar situation. Had this cozy little spot I called home but started eyeing a new place. Heard about the whole let to buy mortgage thing, and it got me thinking.
      Ended up chatting with this Mortgage Broker Liverpool who really knew the ropes. They gave me the lowdown on checking equity in my first home – a crucial step, apparently. Plus, they suggested this nifty idea of renting out my current place while I shopped around for the next spot. Genius, right? Long story short, it worked out better than I expected!

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