Limited Company Buy to Let Mortgage options for Professional Landlords
Since the budget the market has adjusted to provide more mortgage solutions for limited company purchases and remortgages. There is however an
Important segment of the limited company Buy to Let mortgage arena that has been left under-serviced, and that is funds for established businesses.
Put another way the buzz phrase from the bulk of the Lenders is: ‘ we welcome newly Special Purpose
Vehicles (SPVs) for property accusation or existing let’s.’ However to the true Professional Landlords whose company might undertake other functions; such as rental administration (letting agency) or some entirely different profitable business they are preconcluded. Why? Well a lot of the Lenders have been forced into offering Limited Company Mortgages and their Underwriters are only ready for property based clients.
The good news at Niche Funding we can access Lenders that will look at all companies irrespectice of whether Property is the main function. Furthermore the company can also be based ‘offshore’ for tax purposes.
Call to find out how we can help with Company Buy to Let Mortgage options whether they are newly formed or trading businesses
Author: Payam Azadi
Payam Azadi is a partner at Niche Advice who are whole of the market Independent Finance Brokers In London. His role is very much focused on Property financing both on residential and commercial lines.