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Home » Services » Mortgage Services » Let to Buy Mortgages » What is Let to Buy?

What is Let to Buy?

Ciarán Power

Last Updated: February 2nd, 2024 at 6:41 pm

Table Of Contents


Navigating the complexities of the property market often leads to exploring different types of mortgage options, one of which is the Let to Buy Mortgage. This page aims to provide an insightful overview of Let to Buy Mortgages, their purpose, and how they can fit into your property investment strategy.

What is Let to Buy?

A Let to Buy Mortgage is designed for homeowners who wish to rent out their current property and buy a new home to live in. Essentially, it involves two mortgages: a Buy to Let mortgage on the property you’re renting out, and a standard residential mortgage on the new property you’re buying. This option is often considered by those looking to move but either cannot or choose not to sell their existing home.

Why Choose Let to Buy

Let to Buy offers a solution for those who want to move but are not ready to sell their current home, either due to market conditions or personal reasons. It allows homeowners to retain their current property as an investment, potentially benefiting from rental income and property value appreciation.

Advantages and Disadvantages

Advantages include the potential to grow your property portfolio, earn rental income, and the flexibility to return to your original home in the future. However, managing two mortgages requires careful financial planning. The responsibilities of becoming a landlord, such as property maintenance and dealing with tenants, also need consideration. Additionally, not all lenders offer Let to Buy mortgages, and eligibility criteria can be stringent.


Let to Buy Mortgages present an interesting option for homeowners looking to expand their property investment while moving to a new home. It’s a strategy that requires thorough financial assessment and an understanding of the responsibilities of being a landlord. For those considering this path, expert advice is crucial. Our team at Green Mortgages can provide comprehensive guidance to help you determine if Let to Buy aligns with your financial goals and lifestyle needs.

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