Residential-to-BTL Remortgage With No Onward Purchase
The latest industry news and guides from Active Mortgages.
The latest industry news and guides from Active Mortgages.
The client came to us looking to remortgage his £800,000 residential property into a buy-to-let.
He wasn’t buying a new home – instead, he planned to move in with family and rent out the property for £3,500/month.
His goal was to release equity while turning the home into an investment asset.
What made this case unique was the absence of an onward residential purchase.
Most lenders require proof of where the client will live post-completion.
We had to:
Identify lenders with flexible criteria around owner-occupier exits.
Present a clear case that the client would live with family, not remain in the property.
We sourced a specialist BTL mortgage with a lender that accepted the client’s non-standard living arrangement.
Our team clearly documented the client’s move-in plans with family, addressing lender concerns early.
We positioned the rental income (£3,500/month) to show strong affordability, despite the unique scenario.
We secured a competitive BTL remortgage at a solid rate that met the client’s income goals and future plans.
The lender was selected for their ability to look at the full picture – not just box-ticking.
Key wins:
Rental income fully accepted.
No onward purchase required.
Smooth approval despite unusual setup.
Our guidance turned what others saw as a problem into a well-packaged deal.
They’ve since referred a colleague with a similar exit strategy.
You can remortgage your home to BTL without buying another property – if you present the case properly.
Lender flexibility exists, but only if you work with a broker who knows where to look.
Living with family isn’t a roadblock – it’s just a matter of clear documentation.
Every case is unique, and this one proves that personal plans don’t have to hold back financial goals.
Book a call with one of our team to talk about your requirements.
