Let-to-Buy Mortgages in Hove – Keep Your Current Home and Buy Your Next
Want to keep your Hove home and buy your next place? Learn how let-to-buy works, deposits, rental tests and alternatives for Hove and nearby areas.
If you have outgrown your flat in central Hove but do not want to sell, a let-to-buy route can help you keep it as a rental while you purchase your next place in Aldrington, Hangleton or Shoreham-by-Sea.
What is let-to-buy
- Remortgage your current home to a buy-to-let and release equity for your onward deposit.
- Run two mortgages: buy-to-let on the old place and residential on the new.
Related reading:
- Buy-to-let basics: Buy-to-Let in Hove for First-Time Landlords
- If timings are tight: How Long Does It Take to Get a Bridging Loan in the UK?
- Moving logistics: Moving Home in Hove – Mortgage Porting Explained
Key numbers
- Typical 25 percent deposit for buy-to-let and a rental stress test.
- Your new residential affordability must still stack up.
Local pointers
- Flats near Hove Station and Poets’ Corner let quickly when well presented.
- If your current home is leasehold, check terms first: Buying a Leasehold Flat in Hove
Ready to run the numbers? Call our number!