When is a good time to remortgage a Help-to-Buy property to rent it out?

[HKD 0]

Looking to find out how to rent out a HTB property and if I should increase my main mortgage to buy equity back

[Adam Hosker 51]

You will find your Help to Buy loan prohibits you from renting it out, unless under exceptional circumstances (such as your in the Armed Forces and Deployed).

So you would have to refinance your "main mortgage" and repay the Help to Buy loan in full.

Now the Maximum LTV on a Buy-to-Let Mortgage is 85% LTV and I presume with your Current Mortgage and Help To Buy you were at 95%. To have enough equity today you would have had to repay 10% of the loan (or increased in value).

Even then at 85% LTV the mortgage products are not great so you want to be down to 85% LTV.

As for the best time? Well, I guess its when you have enough equity/savings to remortgage it to 75%-80% LTV, as well as having enough equity/savings to buy a residential property.