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Changing my Mortgage from a 'first time buyer' to a 'Buy to Let'

I currently have a flat with a mortgage as a first time buyer. However, I am looking to buy another flat and rent out my existing flat. My question is what's the best way to do it?

Would I need to file a new mortgage application for my flat in order to change to mortgage type? If so, then won’t it hurt my chances of success?

I mean that applying for two new mortgages might seem like a stretch. How do you usually people go about this?

submitted by /u/stantheman35
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source https://www.reddit.com/r/RealEstate/comments/seluwe/changing_my_mortgage_from_a_first_time_buyer_to_a/
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