Buy to Let

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A buy-to-let mortgage is a way to borrow money when you are buying property as an investment, e.g. to rent out. That's because you won't be able to fund your purchase with a normal residential mortgage.

There are deals out there for first-time landlords, 'accidental' landlords and experienced investors with large portfolios.

To get a mortgage on an investment property, you'll generally need a deposit of at least 20-25% of the value of the home.

As with standard residential mortgages, the bigger the deposit you put down, the better the rate you'll be able to get. 

When assessing your affordability, lenders will consider your current portfolio, income, EPC, Rental Income, Deposit , Company structure.

We can provide advice on the following scenarios:

· Portfolio Landlords (4 or more properties)

· HMO

· MUFB

· SPV Company & Trading Companies

 A limited company buy to let mortgage, also known as a Special Purpose Vehicle (SPV) mortgage, is a buy to let mortgage taken out in the name of a company. You can use it to purchase a property to hold in your company's name.

If you're considering setting up a company for your buy-to-let portfolio, consider getting specialist advice on the pros and cons first. You will need to set up a business bank account for the Ltd company. The good news is the banks can lend on day one of setting up the td company.

A limited company mortgage for buy-to-let property will typically be an interest-only mortgage, where you only pay the interest and have to pay the balance or sell the property at the end of the term.

Please bear in mind that we will not provide you with tax, legal or accounting advice. Anyone considering setting up a limited company should seek independent advice on these areas in order to fully understand the tax and legal implications.