There has been an explosion of these mortgages over the last few years. They are simply Buy to Let Mortgages in Limited Company Name. Many accountants are advising clients to purchase properties in this way as they can have many tax advantages depending on clients own circumstances.

Can I get a Limited Company Mortgage?

Lenders will do checks on Directors. They will have to satisfy themselves that they have ways to meet the repayments. They company will also need to be set up with a SPV in order to be able to purchase property. Arrangement fees are usually much higher and sometimes they ask for larger deposits in order to get the loan

Can I set up a New Limited Company and Start buying Property?

Yes, you can go an open a Limited Company as long as it has a SPV and start buying property immediately. Sometimes lenders will ask to see extra documentation so the processing of the application can take longer than a standard BTL.

Any questions about Limited Company Mortgages? Why not call us on 0131 463 5678 or use the quick contact form below. We look forward to hearing from you soon.