Buy to let mortgage planning to do this on my 1st flat to relocate any advice please got meeting arbout this?
Tuesday, March 3rd, 2009 at
2:13 pm
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Tagged with: Advice • Buy To Let Mortgage • Morgage
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I think you are asking how much value do you need to buy to own? Heck, if a owner wants to help you rent to own, usually that is called a lease-option to buy and there is a much smaller down payment. Then usually, you would pay slightly higher rent and the amount, say $200 a month, would go towards your down payment when you take the option.
If you mean that you already have a mortgage on the flat, and want to move out to buy another property, then you need let to buy. Have a look at and you can always e mail them for free advice.