Buy-to-Let Mortgage Broker for Limited Company

Thinking about investing in property through a limited company? Our specialist buy-to-let broker for limited companies based in Wembley, London, helps make the mortgage process easier, quicker, and grow your portfolio.

From finding competitive rates to navigating complex lender requirements, our specialist broker in Wembley does the heavy lifting, so you can focus on growing your portfolio with confidence.

To get mortgage advice and the best limited company buy-to let mortgage deal, call our buy-to-let mortgage broker in Wembley at 020 3813 7800.

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What Is a Limited Company Buy-to-Let Mortgage?

A limited company buy-to-let mortgage is a type of mortgage designed for landlords who purchase and rent out property through a registered company. It is usually set up as a Special Purpose Vehicle (SPV). This structure is becoming increasingly popular with landlords who want to grow their property portfolio in a more tax-efficient way.

Rather than applying as an individual, the mortgage is taken out in the name of the company, although lenders still typically require personal guarantees from the company directors.

What Does a Buy-to-Let Mortgage Broker for a Limited Company Do?

A buy-to-let mortgage broker for a limited company helps landlords find and secure the best mortgage deals tailored to their property investment goals. Unlike general brokers, they understand the complexities of limited company buy-to-let mortgages, including lender criteria for Special Purpose Vehicles (SPVs), required documentation, and tax-efficient structuring.

Buy-to-let mortgage brokers comprehend the specific requirements that lenders have for limited companies, including company setup, director guarantees, SIC codes, and rental income stress tests. Whether you're expanding your portfolio or establishing your first investment company, the broker will compare rates, clarify your options, and guide you through the application process from beginning to end.

Here's a brief breakdown of what a buy-to-let mortgage broker for a limited company does:

• Search the market: Compare mortgage deals from a wide range of lenders, including those offering limited company buy-to-let products.
• Understand company structures: Advise on using a Special Purpose Vehicle (SPV) or trading company for your property purchase.
• Explain requirements: Help you meet lender criteria like SIC codes, director guarantees, and rental income thresholds.
• Handle the paperwork: Support you through the entire mortgage application process, reducing stress and admin.
• Offer tailored advice: Provide expert, impartial guidance based on your financial goals and investment plans.
• Save you money: Help you secure competitive rates and access deals not available directly to individuals.

By collaborating with a limited company buy-to-let mortgage broker, you save time, alleviate stress, and enhance your chances of securing a competitive deal tailored to your business objectives, often with access to exclusive lender products not available directly to the public.

Using a limited company buy-to-let mortgage broker can simplify the process, improve your chances of approval, and help you grow your portfolio more efficiently.

Things to Consider Before Applying for a Limited Company Buy-to-Let Mortgage

Before applying for a limited company buy-to-let mortgage, it's essential to understand what is involved so that you can make informed decisions and avoid potential pitfalls. Here are a few key things to consider:

1. Company Setup

Most lenders prefer you to have a Special Purpose Vehicle (SPV), a limited company set up solely for buying and letting property. Your company should be registered with Companies House and have an appropriate SIC code (like 68100 or 68209).

2. Personal Guarantees

Even though the mortgage is in your company's name, most lenders will still require directors to give a personal guarantee. This means you may be personally responsible if the company cannot repay the loan.

3. Deposit Requirements

Typically, lenders ask for a deposit of 20% to 25%. The higher your deposit, the better the interest rates you may be offered.

4. Rental Income Expectations

Lenders assess whether the property will generate enough rental income to cover the mortgage. This is often stress-tested at 125% to 145% of the monthly payment.

5. Tax Implications

Using a limited company can be more tax-efficient, especially for higher-rate taxpayers. However, it's crucial to speak with a tax adviser to ensure this structure suits your financial goals.

6. Higher Costs

Limited company mortgages often come with slightly higher interest rates and fees. There are also added costs like accountancy fees, annual filings, and bookkeeping.

7. Lender Choice

Not all lenders offer mortgages to limited companies, so your options may be more restricted. A specialist buy-to-let mortgage broker can help you access the best deals available.

By considering these points upfront and speaking to an experienced broker, you can move forward with confidence and choose the right structure for your buy-to-let investment.

Is It Better to Get a Buy-to-Let Mortgage Through a Limited Company?

Using a limited company for buy-to-let property investment can offer several advantages, especially for higher-rate taxpayers. You can typically deduct 100% of your mortgage interest as a business expense and pay corporation tax instead of higher-rate income tax.

Our mortgage broker for landlords will help you assess whether incorporating is the right move for your situation, based on your investment goals and tax position. However, it's important to speak with both a broker and a qualified tax adviser before deciding.

Can I Get a Limited Company Buy-to-Let Mortgage as a First-Time Landlord?

Yes, some lenders do offer limited company mortgages for first-time landlords, although your options may be more limited. You may need a larger deposit, strong credit history, or previous business experience.

Our specialist buy-to-let broker in Wembley can match you with lenders that are more flexible with new landlords and help you prepare a strong application to increase your chances of approval.

Are Mortgage Rates Higher for Limited Company Landlords?

Generally, limited company mortgage rates are slightly higher than those for personal buy-to-let properties. However, the long-term tax benefits often outweigh the increased cost. Many landlords find that the ability to offset mortgage interest and benefit from corporation tax on rental income makes limited company structures more financially viable over time.

Our mortgage broker will compare rates and explain the cost differences so you can make an informed decision.

What Documents Do I Need for a Limited Company Buy-to-Let Mortgage?

To apply for a limited company, buy-to-let mortgage, you'll typically need your:

• company registration number
• SIC code (usually 68100 or 68209)
• proof of identity for all directors
• business bank statements
• details of the property
• a projected rental income

Our buy-to-let mortgage broker in Wembley will guide you through the documentation process to make sure everything's in order before submitting your application.

Do I Need a Personal Guarantee for a Limited Company Buy-to-Let Mortgage?

Yes, most lenders will require directors to provide a personal guarantee, which means you may still be personally liable if the company cannot meet its mortgage obligations. This is a standard part of limited company borrowing.

Our buy-to-let mortgage broker will explain this requirement in detail and help you understand the risks before proceeding with the application.

Can I Transfer a Personally Owned Buy-to-Let Property into a Limited Company?

While it is possible to transfer a personally owned rental property into a limited company, it is treated as a sale. This means you could be liable for Stamp Duty Land Tax (SDLT) and Capital Gains Tax (CGT).

Our mortgage broker for limited company landlords will help you explore your options and work closely with your tax adviser to determine the most cost-effective solution for your portfolio.

How Much Deposit Do I Need for a Limited Company Buy-to-Let Mortgage?

Most lenders require a deposit of between 20% and 25% for a limited company buy-to-let mortgage, although some specialist lenders may offer higher loan-to-value (LTV) options.

Our broker will assess your financial situation, the property's rental yield, and your company's background to recommend the right deposit amount and mortgage product for your needs.

How a Broker Can Help with Limited Company Buy-to-Let

Our buy-to-let mortgage broker for limited companies doesn't just connect you with lenders, we help ensure your application meets the specific criteria required.

Here's how our broker can help:

• Check company eligibility and advise on correct SIC codes.
• Match you with suitable lenders, even if you're a first-time landlord or newly incorporated.
• Help structure your finances for maximum tax efficiency (alongside your accountant).
• Provide access to exclusive mortgage rates that may not be available on comparison websites.
• Guide you through the documentation process, from business bank statements to rental yield calculations.

Work With a Trusted Buy-to-Let Mortgage Broker

If you're serious about building a property portfolio through a limited company, working with an experienced buy-to-let mortgage broker can save you time, money, and unnecessary stress.

At Infinite Finance London, we specialise in helping landlords secure competitive limited company buy-to-let mortgages, whether you're just starting or growing an existing portfolio.

Speak to an Expert Buy-to-Let Mortgage Broker for Limited Companies

Get tailored, fee-free advice from an expert buy-to-let mortgage broker for limited companies. Let us help you find the best deal, structure your investments wisely, and maximise your returns.

Need help with a limited company buy-to-let mortgage? Contact Infinite Finance London today at 020 3813 7800 or fill in our contact form to book your free consultation.