IPM Property Investment - Let-to-Buy
‘Let to Buy’ has many advantages to a homeowner:
Rent out and relocate
You can rent out your existing property in order to buy another home locally, or in a completely different location within the UK.
Upgrade your home
You have the opportunity to purchase a brand new home either the same size or larger than the one you currently live in.
Move away without cutting your ties
Circumstances have a habit of changing without providing any warning. ’Let to Buy’ is an excellent way to retain your existing property should you have a need to relocate as a result of a change of employment, or a family situation.
Invest and reduce risk
It allows your original property to be utilised as an investment, yet also enables you to benefit from the mortgage being paid either in full or in part by the tenant.
Escape the buyer/seller chain
This initiative is an excellent way to bypass the buyer/seller chain if you are experiencing difficulties selling your property. It eliminates the chain delays at your end, and will give confidence to your potential vendors.
Build your property portfolio
"Let To Buy" provides the mechanism to generate a portfolio of properties that could provide a significant dividend in the future, which could be used to bolster an existing pension or to provide a supplementary income if, for instance, pension plans are not likely to come to fruition.
In summary, if you would like to use your existing home as an investment and move on to a brand new home, you should try the IPM ‘Let to Buy’ initiative.
IPM Property Expert Legal Support
Proper legal support is critical when you purchase a property. Our solicitors will help you overcome the legal issues and will ensure your interests are legally protected. At IPM, we use the highest quality legal support for the purchase or sale of your property.
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