Going with plan B

Professional Adviser

Selling and buying property can be a slow process, but let to buy could provide the ideal solution for clients in a hurry to buy their next home

The mortgage option of let to buy ' or rent and buy as it is also known ' is currently overshadowed by its alter ego, buy to let. One can hardly pick up a newspaper these days without reading warnings about the buy-to-let market overheating, or causing a slump in rental values in certain areas of the UK. However, putting aside the pros and cons of buy to let as an investment option for private landlords, let to buy still retains its original role as a trouble shooting option. As such, it should always be part of the successful mortgage adviser's range of options to offer to clients who...

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