Let to buy our Place, mortgage another?

[MuZiZZle]

Just after a heads up here before I go see an advisor.

We own our property outright, it's in a highly rentable area but actual sales are at a virtual standstill without taking a real kick in the coconuts.

a guy at the gym suggested getting a "let to buy" mortgage to free up equity from the property we own, then use that on the place we want to buy, does this sound right?

Are there any decent forums or websites anyone can suggest regarding this?

Cheers

[MuZiZZle]

Cheers guys, I think it is a possibility, just need to work out how exactly to crunch the numbers!