Can a limited company get a buy-to-let mortgage?

Yes, a limited company can get a buy-to-let mortgage, but you may need to contact expert mortgage advice. In addition, buy-to-let mortgages for a limited company may not be possible from main street lenders. 

How to choose the right commercial buy to let mortgage for a limited company?

It would help if you first decided to use a fixed rate or variable interest rate. If you opt for a fixed rate, you’ll usually receive better terms than those offered by a variable rate. However, some people prefer to take advantage of the lower monthly payments associated with a variable rate. You might find that the difference between these options isn’t worth paying extra fees. If you’re looking for a flexible option, consider using a tracker mortgage instead.

How can I find the right buy-to-let mortgage for limited companies?

What does it mean when my bank says, “you don’t qualify for our standard lending products”?

This simply means that your current income doesn’t meet their requirements. They may offer alternative products such as personal unsecured borrowing or secured credit card borrowing. Alternatively, they may suggest that you speak to another provider. It’s important to remember that banks aren’t always able to provide funding for everyone – especially if they haven’t

Will the property type affect my SPV BTL mortgage?

No, the property type won’t affect your SPV BTL mortgage. However, your mortgage advisor will work closely with you to ensure that you obtain the most suitable product for your needs. 

What happens if I default on my SPV Buy-To-Let Mortgages?

If you fail to repay your SPV BTL mortgages, the lender can repossess the property and sell it to recover its losses.