Let-to-buy is when you rent out your existing home and buy a new one to live in. Essentially, it involves having two mortgages at the same time.
You convert your existing residential mortgage to a buy-to-let so you can let out your current home and then take out a standard residential mortgage on the new home you're buying.
We're able to help with converting your existing home to a buy-to-let mortgage as well as with the residential mortgage on your new home. Take a look at our buy-to-let mortgage criteria, and our residential mortgage criteria.
If all looks good, start your application(s) by getting a mortgage in principle without affecting your credit score.
Molo adds Let-to-buy mortgages to product range