Buy to let mortgages for Limited Companies

tartanhatter

Hi all,

First timer so interested in your collective wisdom.

Am having to remortgage six properties in the name of a Scottish Limited Company. great time to undertake this but my lender has gone bust so no option.

Any ideas as to who might be interested. Loan to value is good.

VIGILANT22

who was yr lender?

VIGILANT22

Also was the company set up purely for BTL business?

tartanhatter

Dunfermline B.Soc and yes company set up purely to hold property.

At the time the inheritance tax was a consideration.

JPS29

I have 2 BTL properties, one in mine and my OH name and the other is in my Ltd co name, set up purely for BTL purposes. The lender is mortgage express, I was put through them by a whole of market broker and dont know whether you can approach direct
dont know if they are taking on new clients though.
HTH

VIGILANT22

InTheBrownStuff wrote: »

I have 2 BTL properties, one in mine and my OH name and the other is in my Ltd co name, set up purely for BTL purposes. The lender is mortgage express, I was put through them by a whole of market broker and dont know whether you can approach direct
dont know if they are taking on new clients though.
HTH

Mortgage Express..same position as Dunfermilne BS...no longer lending

Thrugelmir

Barclays does not accept BTL mortgage applications from LTD Companies any longer.

Limited market - try LloydsHBOS.

JPS29

VIGILANT22 wrote: »

Mortgage Express..same position as Dunfermilne BS...no longer lending

Are these by any chance going to do a Skippy on me too?

VIGILANT22

InTheBrownStuff wrote: »

Are these by any chance going to do a Skippy on me too?

You mean raise yr SVR?

JPS29

Yes, sorry, that was my question

VIGILANT22

InTheBrownStuff wrote: »

Yes, sorry, that was my question

Who knows?...I remember you from the other nite...with Amber yes?....oh you have a headache of a portfolio!