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Buying another house whilst still selling yours so that you don't lose the house you want !

2 replies

ginorwine · 27/05/2017 19:06

Decided to sell to try to buy another house . No viewings yet but out house is inpopukar area .
Two other s have also put house on market to try to buy it and its a race . It's brilliant for us and we are desperate .
Anyone know of any ways to try to secure it ? Wd we be able to rent ours out and get second mortgage ? Do companies do temp loans etc ??? Any info much appriciated ? Thanks .

OP posts:
HaveAWeeNap · 27/05/2017 19:52

You could approach your lender for Consent To Let.
Do you have the deposit to proceed or are you relying on sale of house for that?
Also, you'd have to pay additional stamp duty as you'd be buying a second home.

HaveAWeeNap · 27/05/2017 19:53

You may get a better response if you post this in Property Matters over in Home and Garden.

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