Speak to an Advisor 7 days, 8am - 10pm
Speak to an Advisor 7 days, 8am - 10pm
A let to buy purchase and mortgage is the act of renting out your current home, so that you are able to purchase a new home for yourself to live in, becoming a landlord to your old home in the process.
For a homeowner to be able to achieve this, they will have to remortgage their property from the residential mortgage that it will currently have, allowing them to then take out a let to buy mortgage.
Furthermore, the homeowner will be taking out a new residential mortgage on the home that they are planning to move into.
Both mortgages will run alongside each other, as you will need the funds to be released from your remortgage on the first property, in order to place a deposit for your new home.
This doesn’t mean you will have to use the same mortgage lender, you just have a mortgage that will be relying on the other one being completed.
In order for you to obtain a let to buy mortgage in Leeds, you will need to be able to meet appropriate criteria. Your trusted mortgage advisor in Leeds will review your case during your free initial mortgage appointment, so that they can determine is this is right for you to do.
The qualifying criteria that you will have to meet in order to get this type of mortgage, include meeting affordability requirements for your new home, having at least a 10% deposit for your new home, as well as a 25% deposit to put down for your buy to let (this can be equity that you have released during your first properties remortgage).
You will also need to make sure that the income you make from your rent can cover 125% of the payments you now have for your new buy to let mortgage. A good credit score will be recommended, though you could possibly obtain a let to buy mortgage if you have bad credit.
As providers of fast & friendly mortgage advice in Leeds, we have helped a lot of customers to remortgage their property and switch it to a residential mortgage, on a let to buy mortgage in Leeds.
Our team of dedicated mortgage advisors in Leeds are able to take a look through 1000s of let to buy mortgage deals, in order to find the most suitable one for your personal and financial circumstances.
Book your free initial mortgage appointment online with an experienced mortgage broker in Leeds today and we will look at the ways we are able to help you.
Your home may be repossessed if you do not keep up repayments on your mortgage.
There may be a fee for mortgage advice. The fee is up to 1% but a typical fee is £495.
Our Customers Love Us
65 5 Star Reviews
Declan Hargreaves
First time buyer who felt like a rabbit in the headlights with all things Mortgages and the house buying process in general but Leedsmoneyman and Matt Collinson specifically have been so helpful and really put me at ease. Matt and the team have given me regular updates, broke things down to cut through jargon and gave a real impression of them caring about getting me a great mortgage. Cannot recommend enough and I thank them for getting me to this position.
9 Jul 2026
Jodie Kear
This is our second time using UK Moneyman, the process was so easy yet again! The communication was great from Jason and Jo throughout and they’ve helped us to get what we needed to buy our dream home! We are so so grateful for how stress free the process was after a stressful attempt at doing it directly with the lender. We can’t wait to get moving now! Thank you both again so much!
25 Jun 2026
joe Christopher
Cannot rate Leo, Louise & Paula enough for their support and guidance during the process. Highly recommend!
16 Mar 2026
Cheryl Mitchell
We had an outstanding experience with Leeds Money Man during our house buying process. From the very beginning, their team was professional, friendly, and incredibly knowledgeable. Buying a home can be stressful and overwhelming, but they made the entire process feel smooth and manageable. They truly took care of everything for us — guiding us step by step, explaining things clearly, and always making sure we understood what was happening. Communication was excellent throughout; they were always quick to respond, proactive with updates, and on top of every detail. It gave us real peace of mind knowing that everything was being handled so efficiently. What stood out most was how supportive and attentive they were. Nothing ever felt like too much trouble, and they genuinely cared about helping us secure the right mortgage and complete our purchase successfully. We’re so grateful for all their hard work and would absolutely recommend Leeds Money Man to anyone looking for mortgage advice or help with buying a home. Their expertise and dedication made a huge difference to our experience.
6 Mar 2026
Chris Weed
Jason Loft and the team once again showing their expertise in securing mortgages. Very supportive and great communication. Would highly recommend.
26 Feb 2026
Alice Ainsworth
Dinah was fantastic throughout our whole process. Really, we have been speaking on and off for about 4 months until we eventually felt ready and out an offer in on the property we're buying. She answered all of our questions, no matter how silly they seemed and made the process a lot less stressful with us being first time buyers. She gave advice related to not just our mortgage but all the protection as well as making offers, questions to ask estate agents and explaining the whole buying process. Joe then helped us with the actual mortgage application who was also super helpful and luckily everything went through very quickly! We'd highly recommend MoneyMan and I'm sure we'll be using them in the future.
19 Feb 2026
Charlotte Tilstone
Yet again great experience with the money man mortgage brokers. Daniel was brilliant throughout the process. Professional, quick turnarounds and the outcome we wanted. Literally took all the hassle away from finding a mortgage, helpful for two busy full time working professionals. We will be using Daniel again!
8 Aug 2025
Kyle Brook
Amazing service from the team at Leedsmoneyman. Was recommended them by a work colleague a couple of years ago and their support throughout our First-Time purchase was world class. Always willing to answer any question, no matter how trivial. Dinah was a star helping us with the initial stages and mortgage application, and Debbie kept us informed well up to completion. Would highly recommend for FTBer's and Experienced buyers alike.
15 Apr 2025
Rosie Ellis
As first-time buyers we've had a great experience with UK Money Man, especially with Jason Loft + Stacey Moss. They have been so helpful and really explained everything in detail and made the whole mortgage process feel very stress-free with no pressure either. They have been very speedy and kept us updated with everything we needed to know. For such a big and scary process as first-time buyers they have made things much easier + we'd highly recommend!
24 Mar 2025
Megan Lama
I recommend Leedsmoneyman and their services. I came to moneyman to buy my first home and had nothing but positive experiences with every member of the team, from getting my mortgage in principal, to sorting my protection insurance cover and right up until completion. Jason went above and beyond to answer all my questions from the very start, and gave me so many mortgage options and advise - even at times when I could only assume was outside of normal office hours. I was also later assisted by Amy and Louise who again, made sure all my queries were handled quickly and professionally. All three made the scary and confusing process of buying a home so much easier so thank you so much!
17 Mar 2025
Our mortgage advisor in Leeds can help you determine your realistic investment goals based on your financial situation and market conditions.
We can also explain the differences between interest-only and repayment mortgages, and help you decide which type of mortgage is most suitable to your investment strategy, if you don’t know so already.
This application will include all required documents, such as proof of income and identification. The lender will then assess your projected rental income to ensure you can afford monthly payments and any additional costs, such as maintenance and repairs.
After obtaining your let to buy mortgage and purchasing your rental property, it is important to maintain relevant insurance coverage to protect your investment.
We know that getting a mortgage can have its complexities, so we’ll make sure we are always here to answer any burning questions you may have for us. We work for you, aiming to reduce your stress levels and bring you one step closer to the edge of mortgage success.
Book yourself a free initial mortgage appointment online today and speak with a member of our fantastic team of mortgage advisors in Leeds.
Our fast & friendly mortgage advice team have the ability to look through 1000s of mortgage deals on your behalf. As a newly crowned landlord taking on the process of a let to buy mortgage in Leeds, you want to know you have the most suitable mortgage deal. It’s our goal to give you a positive mortgage experience!
Every customer who gets in touch will reap the benefits from a free initial mortgage appointment that will take place either over the telephone or with a Microsoft Teams video call.
You may believe that you have a rather difficult situation, but by using our 20+ years of mortgage advising experience, we are able to tackle a wide variety of mortgage circumstances. It is highly likely that we will have come across something similar to your mortgage situation in the past.
Our fantastic team of hard working and dedicated mortgage advisors in Leeds have a vast, in-depth knowledge of helping many homeowners to take the next step in their mortgage experience, as they take the next steps to their new life as a landlord, with a let to buy mortgage in Leeds.
As a team of trusted and reputable mortgage advisors in Leeds, we work hard every day of the week, from early on in the morning until late at night. This means we are able to offer our customers appointments at times that are most convenient to your daily life, subject to appointment availability.
Our Home Buying App is a digital mortgage coach designed to help you save up, plan, and track your home buying journey – whether you’re buying your first home, or fancy a move.
Download For Free
Read our 284 Reviews
Leedsmoneyman is a trading name of UKMM Limited, which is an appointed representative of Mortgage Advice Bureau (Derby) Limited, who are authorised and regulated by the Financial Conduct Authority.
UKMM Limited is Registered in England, No. 16541342 | Registered Address: Capital House, Pride Place, Pride Park, Derby, England, DE24 8QR.
© Leedsmoneyman 2009–2026
Contact
Follow Us
Leedsmoneyman is a trading name of UKMM Limited, which is an appointed representative of Mortgage Advice Bureau (Derby) Limited, who are authorised and regulated by the Financial Conduct Authority.
UKMM Limited is Registered in England, No. 16541342 | Registered Address: Capital House, Pride Place, Pride Park, Derby, England, DE24 8QR.
© Leedsmoneyman 2009–2026
Speak to an Advisor
7 Days a Week, 8am – 10pm
We value your privacy
This website uses cookies. If you continue to use the site, we will assume that you agree with our use of cookies.
