Buy to let mortgages for limited companies

For anyone to get a limited company buy to let mortgage there are two things that must be the case:

1. You must be 18 years old or over
2. You will need a mortgage deposit 

Don't have a deposit? You could raise a deposit from equity you have in other property, ask our advisors about this.

We often get asked the following questions amongst many others. If anyone can help, we can, so call us whatever your situation.

I have a poor credit rating, can you help?

Yes, there are a number of lenders who are set up specifically to help borrowers who need a limited company buy to let mortgage but have had credit issues, chat to us about your situation.

I am an older landlord, can you help?

Yes, there are many lenders who are flexible on age limits at application, there are even lenders who place no limit, so get in touch.

My income is low, can I still get a mortgage?

Yes, when you invest in rental property the rent pays the mortgage, not your personal income. A range of lenders don't ask for high income applicants, they just want to see a small amount (from employment, a pension, other rental property) that could cover a missed rental payment if needed. Find out how we can help.

Yes, no matter what your situation, the range of lenders we work with - including high street banks and building societies, specialist lenders and challenger banks – means if there is a deal available in the marketplace we can get it for you.

Some of the questions we get asked are below, but call us no matter what your needs are, we are here to help.

I want to invest via my existing trading company, can I?

Yes, it is possible to buy rental property through an already trading limited company. If the company is an SPV set up for property investment, this is ideal, but even if you are trading in another industry, it is possible.

You will find there are fewer lenders, so the range of rates on offer will be narrower. It might therefore be worth reconsidering, especially given that a new company can be set up relatively easily, however, if you really need to invest through your trading company we can help you do this. Talk to us today.

I only have a small deposit, can I still get a limited company buy to let deal?

You can borrow up to 85% of the value of the property, if you are investing through an SPV (limited company set up with a SIC code which shows you are investing in property).

If you invest through a trading limited company, the maximum loan to value is lower at up to 75%.

If you are really struggling to raise a deposit from cash savings, you could use equity in another property to generate a deposit, see our page on buy to let mortgages at up to 100% borrowing.

I want to put property I own in personal name into limited company buy to let mortgages, can I?

Yes you can do this and it is a very common practice amongst landlord property investors. Be aware that you are effectively selling your property to your company. So, there are costs involved.

From a mortgage perspective, this means you can’t keep the product you are on. This is because the legal entity owning the property changes. We can help you get a great deal, call us today.

I want to raise as much as I can with a capital raising remortgage via my company, can you help?

Yes absolutely. Some lenders have very flexible mortgage affordability calculations. What’s more, if you are a higher rate tax payer investing in personal name, lenders will typically look for rental coverage at 145%, whereas if you were a higher rate tax payer investing via a limited company, lenders will typically accept 125% rental coverage, which allows you to borrow more in a like for like situation. Find out how much you can borrow with our help.

Does investing via a limited company restrict the properties you can invest in?

No, not at all. You can invest in anything from a standard house or flat to a holiday let, HMO (house in multiple occupation), multi-unit freehold block and everything in between. You can also invest in commercial or semi-commercial premises. Get a lender decision on your chosen property, talk to our advisors today.

Some of our company shareholders do not want to be on the mortgage, is this ok?

Yes. Specialist limited company lenders are typically prepared to accept scenarios where a maximum of up to 20% of the shareholding parties are not named on the mortgage.

For example, if a limited company was set up with two parents, each holding a 40% share and two children, each holding a 10% share, then it would be possible for the children not to be named on the mortgage. Call us today to chat this through.

There are more than two directors in my company, can you help?

Yes, we have access to lenders who will allow up to six directors in a limited company. Talk to our advising team to arrange a mortgage.

Can you help my company get a mortgage, where a floating charge is not placed across our assets?

Yes, very few of the limited company buy to let mortgage lenders we work with place a floating charge across company assets. Get started with an application with our help.

The deposit for my company’s investment is from overseas, can you help?

Yes, as long as there is a strong audit trail showing where the funds have come from we have lenders who can help. Call us to talk it through.

I want to put money into my company to buy another property, can I?

Yes. This is called a gifted deposit and, due to its tax efficiencies is popular. There are a range of lenders who can help and we can secure a mortgage for you, get in touch.

I have multiple companies. I want to use funds from one to buy property in another, can I do this?

Yes, inter-company loans are a legitimate way of raising a deposit for a buy to let deposit. A number of lenders can accommodate this transaction. Call our advisors to get started with a mortgage application.