limited-company-mortgages

Limited Company Mortgages

Lenders offer a range of mortgages for companies that are set-up for the sole purpose of investing in the property i.e. Special Purpose Vehicles (SPVs), with up to a total of four directors and significant shareholders.

If you already own a Limited Company and are looking to either refinance or purchase a new investment property, we understand that the process of getting a mortgage can be tough.

There are a range of options available for you and, for reasons that largely come down to tax efficiency, more and more investors are deciding to buy properties within a Limited Company. By speaking to our expert broker, we can connect you with Limited Company mortgage lenders, while supporting you from start to finish.

The tax relief private landlords can claim is being gradually restricted over a 4 year period which commenced in April 2017. Landlords can no longer automatically deduct finance costs, like mortgage interest, from rental income.

This is not the case for buy-to-lets owned in a limited company. You can still deduct these kinds of expenses from the income on limited company buy-to-lets as they’re considered business expenses.

Most lenders require the company be defined using the following Standard Industry Classifications (SICs):

  • 68100 – Buying and selling own real estate
  • 68209 – Other letting and operating of owned or leased real estate
  • 68320 – Management of real estate on a fee or contract basis

You should always speak to a qualified accountant about the type of company you’re creating. It’s also worth asking your tax adviser whether the company should be a Special Purpose Vehicle (SPV).

We have plenty of experience of working closely with Limited Company mortgage providers. Our combination of expert staff and access to the whole market allows us to offer impartial advice and support to help guide you through the finance options available to you as a Limited Company.

We also have access to a range of other trusted partnerships with professionals such as insurers, tax accountants and legal professionals. With the help of these partners and our staff, you can receive the whole service.

Contact the limited company mortgage desk for a no obligation chat today.

Ready to discuss your mortgage options?

    Our Mortgage Broker Limited, Regus, Venture House, 2 Arlington Square, Bracknell, Berkshire, RG12 1WA
    Our Mortgage Broker Limited is authorised and regulated by the Financial Conduct Authority, FCA number 944663.Our Mortgage Broker Limited is registered in England and Wales, registration number 11358646.
    YOUR HOME OR OTHER PROPERTY CAN BE REPOSSESSED IF YOU FAIL TO KEEP UP REPAYMENTS ON YOUR MORTGAGE OR ANY OTHER LOAN SECURED AGAINST IT. MOST BUY TO LET MORTGAGES AND COMMERCIAL MORTGAGES ARE NOT REGULATED BY THE FINANCIAL CONDUCT AUTHORITY. A fee of up to 1% of the loan amount maybe charged depending on individual circumstances. A typical fee is £500.00

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