Company director raises finance on unencumbered rental property

The client, a successful IT contractor runs his business through a limited company. The business had accumulated a substantial amount of cash so the client decided to invest in buy to let.

He purchased his first property for cash and then decided to raise a mortgage on it to provide the deposit for a further three buy to let properties.

The problem he encountered was that most buy to let lenders will not lend to trading limited companies; however, we have access to specialist lenders who will consider these scenarios.

Property value: £350,000

Loan amount: £262,500

Rate: 3.69% 2 year fixed

Term: 25 years interest only

LTV: 75%

Lender arrangement fee: £1,999

This is just one example of how I've helped a client secure a buy to let mortgage. To see more of my case studies please visit my profile page. And if you have any funding requirements, please do not hesitate to contact me. My direct line and email address can be found below.

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