mortgage lenders for companys

scmbc

hi all new user
im looking for advise on mortgage companys that will lended to a company that is doing buy to lets as i do at the moment have seveal houses with three other people with the deeds and mortgages in my name and dew to family things i now whould like to seel out but the other three would now like them to be put into a bussiness as the lenders at the moment are not willing to just tranfer them into there name and they dont whent to have to tranfer them again at a later date
many thanks

Annisele

If lenders aren't willing to lend to your three business partners personally, I can't see that they'd be any more willing to lend to a company that your three business partners have recently set up.

Have your business partners fully investigated the tax consequences of their plan?

scmbc

thanks annisele
its not that the banks whent lend to the others its that they all have other mortgages and most banks will only give so many to each proson the problem is that if the mortgages are in one persons name the bank will only spoke to that person the mortgage is in and when i resently spent several mouths in hospital with my ill parter the others had no control so with it beening in a bussiness it would make it easyer