There are a number of reasons why a homeowner may choose to let a property. Some people will buy homes specifically for letting purposes as they are looking to invest cash in property and turn a profit on the house they are purchasing. Other people may choose to let for reason such as:

- Moving to a bigger home, but wanting to hold on to the property
- Moving overseas, temporarily or permanently

This website, https://www.evolutionproperties.co.uk/letting-ag... , from a letting agent in Ashford, Kent also mentions that some people choose to let out their property to enable themselves to move to a different place quickly and rent or buy and new property. Some lenders are now offering a 'let to buy' mortgage which allows you to buy a new home whilst letting out an old one.