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Let-To-Buy
SilverSix
Posts: 284 Forumite
Considering a Let-To-Buy to provide a stop-gap as my property needs a little more time to sell than our vendor is prepared to wait.
I'm familiar with the principles of a Let-To-Buy (including the additional stamp duty) but wanted to know if keeping it on the market is an option? or if it needs to be removed at the point the application proceeds?
The two angles here are that this enables us to present a proceed-able position with a completion goal 3-4 months away, giving time to secure a sale and move forward in the traditional manner.
The alternative is no sale materialises and we consider a temporary or permanent let.
Thanks.
I'm familiar with the principles of a Let-To-Buy (including the additional stamp duty) but wanted to know if keeping it on the market is an option? or if it needs to be removed at the point the application proceeds?
The two angles here are that this enables us to present a proceed-able position with a completion goal 3-4 months away, giving time to secure a sale and move forward in the traditional manner.
The alternative is no sale materialises and we consider a temporary or permanent let.
Thanks.
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