Buy-to-let mortgage

[bottersnike]

We will be moving from one end of the country to the other in March, and have found the house we want to move to.
We are considering renting out our current house a)to keep it as an asset and b) because it will enable us to move quickly.
Only thing is, in order to make up the shortfall between our current house and the new house we would need a buy-to-let mortgage for nearly the full value of our current house.
Is this possible? It looks like leneders are only offering a maximum LTV of 75%.
Any thoughts from the mumsnet pool of wisdom?
Thank you

I doubt very much you'll get LTV > 75%; there are few btl products available as it is. Things will continue like that for a while with the recession.
We looked into btl last year, btw.

Agree with last poster. Have you considered talking to your current lenders ands asking if you can rent the property but have the same mortgage you have now. We have been renting out a property for the last 4 years which we had once lived in. For the first year of renting it we kept the same mortgage with the building societys permission. I dont think we had to pay anymore but could be wrong. We then changed to a BTL mortgage. This was 2005/6 though so things were different then.

ask your current lender first. v unlikely to get ovet 75% ltv unless you can prove you can get freakishly high rent.

Yes, given the advice here, and having spoke to a couple of friends who rent some properties, we have decided it's not a very good idea!
Now that the snow has melted (here, anyway) we are hoping that people will emerge to view houses

Thank you for the help