In this harsh tax environment for personally geared landlords, Limited Company Mortgages have become the norm, yes there is a differential to pay over standard personal buy to let deals, but often when the tax costs are factored in, the advantages can be clear when it comes to overall profitability within your portfolio.

A limited company mortgage is the same as a normal mortgage. However, due to the lender requiring information on the income of the company rather than an individual, the process can be a little more complex.

Lenders are universally happy where you have an ‘SPV’ company or Special Purpose Vehicle, underwriting of the directors and main shareholders is almost identical to a standard mortgage, so it’s not unfamiliar to most.  An SPV is a company in this case specifically set up to let property and it’s very important to note that your company does not need a track record or any trading history at all.  We’ll very often finance property in brand new companies.