Let to Buy

Let to Buy

Our client approached us as he was looking to move house to his and his wife’s new “Dream Home”. He had sold his existing home and was waiting to complete on the sale of it to allow the purchase of his new house to go through, unfortunately there had been a delay on the sale of his house going through and as such he was in danger of losing his new home.

We suggested to our client that we would be able to arrange a Let to Buy Mortgage on his existing property and raise the necessary deposit for his new house without physically selling it, instead renting it out, and then arrange a new mortgage on his new house. our client had not thought that it would be possible to re-arrange his existing arrangements in such a way that would enable him to not only purchase his new property but be able to do so without selling his existing one.

We managed to complete on both transactions in a timely manner and now our client and his wife are now happily settled in their (Dream Home).

We received this e mail from him after completion.

“It has been busy over the last few weeks with the moving house, birthdays and Christmas activities.

I would like to take this opportunity to thank you and your colleague; Sonja Frost. The advice and support have been well beyond our expectation; such as the paperwork for the rent, getting Gamlins on the bank panel and helping Gamlins getting the mortgage offer paperwork . You have been the driving force that help us secured the dream house.”

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