There are plenty of reasons why letting out your existing home might be the perfect option for you. Whether you’re moving for work, upsizing for a growing family, or simply taking advantage of the rental market, keeping your property as a rental can be a smart way to generate extra income and build long-term wealth.

If you have a residential mortgage on your current home, you’ll need to let your lender know about your plans. Many lenders require a “consent to let” or a change to a buy-to-let mortgage. Not sure how to navigate this? That’s where we come in.

Becoming a landlord means thinking about your finances in a new way. Consider:

• Will your rental income cover your mortgage and other costs?
• Do you have a plan for any periods when the property might be vacant?

• Checking your property meets safety regulations (e.g., gas and electrical safety checks).
• Ensure you have a current EPC.
• Making any necessary repairs or upgrades.
• Deciding whether to let it furnished or unfurnished.

As a landlord, you’ll have responsibilities like:

• Protecting your tenant’s deposit in a government-approved scheme.
• Understanding tenancy agreements.
• Staying on top of maintenance and legal compliance.

If you’re moving into a new property yourself, we can also help you secure the right mortgage for your next step, whether it’s another residential property or something more unique.