The Telegraph - ‘We have two mortgages and someone else pays the interest’: Struggling to sell your home? Rent it out instead
A little-known type of mortgage that allows families to move into a new home without selling their existing property is growing in popularity. Trinity Financial reported a 15% increase in the sale of “let-to-buy” mortgages in the past six months.
Aaron Strutt of Trinity Financial told The Telegraph that let-to-buy mortgages were being used by sellers who were worried about the chain breaking or those who felt their home was undervalued in the current market.
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