Published 4 September 2018 · Last reviewed 1 May 2026

Remortgage your existing residential mortgage onto a buy to let so you can by another residential

If you’re looking to Buy to Let existing your property it’s important that you aware of all the facts when it comes to this type of transaction including calling this type of transition by its correct name is Let to Buy.

A Let to Buy Mortgage affords greater consumer protection and falls under the remit of the Financial Conduct Authority, as such, not all buy to let lenders are willing to partake in the extra accountably placed on them. So when you see a buy to let rate on the internet or in a Best Buy table of a Sunday Newspaper Supplement caution should be taken. Furthermore even prolific buy to let mortgage providers in the UK might have additional stipulations for let to buy, for example they may want you to have an additional let property (i.e. current landlord experience); limit the lending to a certain loan-to-value; cross reference the affordability on the onward purchase; insist the onward purchase is concurrent; need you to be earning a certain amount.

In determining what is the Best Let to Buy mortgage is therefore arbitrary and wholly dependent on your personal circumstances and length of time you want to retain the property; we would strongly recommend you speak to a professional mortgage broker, such as Niche Advice, before rushing in as the wrong choice may be costly and not easy to unravel.