Buy To Let Mortgage for Ltd Limited Companies
The following lenders will allow mortgage applications from limited companies. Some will accept an existing trading company, others will require an SPV (special purpose vehicle) which is a company solely designed to hold and rent properties.
All property types, including flats above retail and other part-commercial properties can be accommodated for limited company applications. Maximum loans available up to 85% LTV in most cases.
These lenders have an impressive range of mortgages between them. Lending restrictions, as shown in the list below:
BTL-2 – Requires the company to be an SPV and they must be the only lender lending to this SPV company. Does not lend in Scotland. Minimum personal income of £25,000pa for the directors (single or joint)
BTL-3 & BTL-8 – Maximum of 10 years on interest only.
BTL-4 & BTL-6 – Requires an SPV company. No trading companies. Does not lend in Scotland.
BTL-7 – Repayment mortgage only over a maximum of 20 years.
Please click on a PDF below to see full details of these excellent mortgages.
Call our experienced adviser today on 0117 223 2050 to discuss your requirements.