Let to Buy

Let of existing residence to facilitate purchase of dream home

Loan Amount

£720,000.00 LTB
£960,000.00 Mortgage

structure

Let to Buy and Residential First Charge Mortgage

asset class

Freehold residential property

A client wanted to secure a new home and was unable to wait for the sale of their existing property in order to fund the purchase. Their income alone didn't meet the borrowing criteria to obtain a mortgage for the desired property. Sirius converted their existing loan onto to a Let-to-Buy mortgage at a higher LTV thus realising a portion of equity. The additional funds were enough to purchase their dream home.

Advisor

Fodi Fodi Christodoulou Senior Associate, Residential & Investment Finance contact details 0208 092 4416
07958 045 740
fodi.christodoulou@siriusfinance.co.uk
Fodi has built up a steady flow of repeat clients and network referrals over his 16 years in the property industry, during which time he also achieved the coveted CeMap qualification. He exudes a calm capability which reassures clients that they are in the right hands when it comes to their property assets. Fodi’s specialisms include Buy to Let mortgages, residential morgages, regulated and unregulated bridging. Fodi assists both aspiring and existing home owners, and landlords, in achieving their real estate aspirations in the most timely, profitable and efficient way possible.

To discuss an opportunity with our team please get in touch.

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