I’m looking to take out a buy to let mortgage via my Ltd Co. Could you confirm what security is required?
I’m looking to take out a buy to let mortgage via my Ltd Co. Could you confirm what security is required?
The lender will take the property you are buying as security. The lender will also ask for an unsupported personal guarantee from the directors and shareholders. Some may take a floating charge over the company, although we can avoid these lenders if you prefer.
You may also be interested in:
Common areas of concern when borrowing via a Ltd Co for buy to let
FAQs on Ltd Co borrowing for buy to let
Setting up an SPV Ltd Co
1st January 0001