Can I change my residential mortgage to Buy to Let?

It's common to switch from a residential mortgage to a buy-to-let mortgage. A mortgage switch may be necessary in the event of a move or an empty house under a residential mortgage, among other things. If you want to switch from a residential mortgage to a buy-to-let one, your lender will need to give you their approval. 

Exchanging contracts with BTL mortgage broker generally relies upon the beneath:

The type of mortgage you currently have, what you intend to do with the property, where you plan to live in the future, and any other mortgages you have. The terms of your current mortgage. The consent of your lender. How to change your mortgage to a buy-to-let. Because this is a financial decision, switching mortgage types shouldn't be rushed. If you are unsure, please consult a mortgage advisor. You can pose our specialists an enquiry whenever and verify whether you qualify.

A residential mortgage is not the same as a buy-to-let mortgage. You will only see their rates if you simply change your mortgage with your current lender. You will only be able to work with one lender if you do this. Accordingly, you will not be able to see the products available from other lenders unless you decide to do a remortgage.