Limited Company Buy to Let Mortgages
Currently Buy to Let funding for Limited Company borrowers is very difficult to come by and has been for some time with the onset of the credit crunch however Mortgages for Business are in the privileged position to be able to offer this funding on a case by case basis - call one of our team today on 0845 345 6788 today and see how we can help you.
To view other types of Buy to Let mortgage product please click on the relevant product classification heading in the left hand menu bar and for full information on a particular Buy to Let mortgage please click on the relevant box heading below.
| Product | Early Repayment Charge | Loan to value | Fees | Quote/Enquiry |
|---|---|---|---|---|
| 4.34% 1 year Discounted Tracker |
3% of the amount being repaid until 31/05/2011. | 70% loan to value up to £350,000 loan amount. | 3.5% of the loan amount is added to the loan at completion. - (Minimum of £595) | Quote Enquiry |
| 4.39% 1 year Fixed Rate |
5% of the amount being repaid until 31/05/2011. | 70% loan to value up to £350,000 loan amount. | 3.5% of the loan amount is added to the loan at completion. - (Minimum of £595) | Quote Enquiry |
| 5.00% Loan Term Tracker |
3% of the amount being repaid for the first 3 years, then 2% until the end of year 5, then 1% until the end of year 20. | 70% loan to value up to £1,000,000 loan amount. | 1.75% of the loan amount is due on completion. | Quote Enquiry |
| 5.29% 2 year Fixed Rate |
5% of the amount being repaid until 30/11/2011. | 70% loan to value up to £350,000 loan amount. | 3.5% of the loan amount is added to the loan at completion. - (Minimum of £595) | Quote Enquiry |
| 5.89% 2 year Fixed Rate |
5% of the amount being repaid until 31/05/2012. | 70% loan to value up to £350,000 loan amount. | 3.5% of the loan amount is added to the loan at completion. - (Minimum of £595) | Quote Enquiry |
| 6.82% 3 year Fixed Rate |
7% of the amount being repaid for the first 3 years, then 2% until the end of year 5. | 70% loan to value up to £1,000,000 loan amount. | 2.5% of the loan amount is due on completion. | Quote Enquiry |
Some investors choose to invest in a Buy to let property in the name of a limited company, in part due to tax reasons. A small number of lenders are happy to provide Buy to Let mortgages to limited companies.
Borrowers should be aware when purchasing as a limited company this can limit your Buy to let mortgage lending options. Some Buy to Let Lenders do not lend to limited companies whatsoever, whilst other Buy to Let lenders have a separate specialist range of limited company Buy to Let mortgage products that tend to be higher priced.
Be aware some borrowers will set up SPV (special purpose vehicle) limited companies to purchase Buy to Let properties. SPV limited companies are registered to conduct business solely in buying, managing and letting Buy to Let property. They can be an established or a brand new company.
Additionally be aware of the number of directors of the limited company that is acceptable to the mortgage lender, normally it will be a maximum of three, please call us for further information.
Why not find out more about our Buy to Let fixed rate mortgages or our offshore limited company Buy to Let mortgages. We also have total market access for your commerical mortgage, property development finance and residential mortgage needs.
