Let to let - Could it be right for you?
What is let to let?
Let to let is a process whereby you keep the home you own and rent it out while renting another property to live in. This is great if you're thinking about moving to a new area but would like to ‘try before you buy’. Equally, if you are in need of some financial relief but don't wish to sell your home, this could be a great option for you.
What are the benefits of let to let with Beresfords?
Our client, Queenie, talks us through her move to a new area in Essex from the North of the county and the benefits of doing let to let with Beresfords. This meant she kept the house she owns in Colchester, let it out then rented in the new area to ensure she was 100% happy with the area she'd chosen.
Queenie is now planning to buy in her new area, however, this process can work for many different situations. For example, if you own a property in a city but want to live somewhere more rural and wish to keep your asset in the city to earn an income from it, then let to let could be a great option for you.
If you have any questions about the process, get in touch today to find out more.