Raise capital against your existing property to help buy a new one. You then rent out your existing property to help with the mortgage payments. This means that you no longer have to rely on the sale of your existing home to move.
These mortgages are also ideal if you want to retain your existing property as a long-term investment. There is no stipulation that you purchase a new residential property if you are looking at moving in to short term rented accommodation. Instead, Let to Buy allows you to remortgage your residential property and rent it out, therefore becoming a landlord for the first time.
