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Limited Company Buy to let

How does limited company Buy-to-Let mortgage work?

They operate similarly to standard or complex Buy-to-Let mortgages. The funds can be used on properties rented out to third parties for rental income. This applies to properties with a single tenant, a family, unrelated groups in HMOs (such as students or multiple tenants each renting a room), or short-term rentals like Airbnb. Landlords can grow their BTL porƞolios through corporate setups, which offer several benefits. We at Amazing Mortgage Solutions Ltd have partnered up with a range of specialist lenders who handle applications from limited and trading companies. Their tailored buy-to-let mortgage options are designed to ensure a smooth underwriting process so you can focus on expanding your property porƞolio. But, given the potential added complications of lending to a limited company, as opposed to an individual borrower, there may be added due diligence requirements. This extra due diligence may threaten to slow down the deal. However, while high street lenders may not have the capacity for these difficulties, our contacts have a history of working with portfolio landlords with slightly tricky backgrounds regularly. Your application will be underwritten from day one, meaning that if anything risks slowing down your loan, our contact within the underwriting team will be in touch asap to let us know and find a solution. To find out if investing through a limited company is the best option to you, it would be best to speak to us at Amazing Mortgage Solutions Limited.
Some forms of Buy to Let mortgages are not regulated by the Financial Conduct Authority.

House in multiple occupation (HMO's)

HMO’s refers to residential properties where ‘common areas’ exist and are shared by more than one household. At least 3 tenants live there, forming more than 1 household. you share toilet, bathroom or kitchen facilities with other tenants. One of the biggest reasons HMOs remain an attractive investment option is the high rental return on investment (ROI) they offer. Unlike a standard single-let property, HMO mortgages are offered through specialist lenders and are usually taken on an interest only basis and may be subject to a minimum HMO property value, early repayment charges and other product arrangement fees. Buy-to-let mortgages for HMO properties are simply referred to as HMO mortgages.

Assess Your Finances

Start by reviewing your savings and determining how much you can afford for a deposit and other costs like stamp duty, legal fees, and insurance. Create a budget to ensure you’re financially ready for the purchase.

Get Mortgage Pre-Approval

Secure a mortgage pre-approval to understand your borrowing capacity and show sellers you’re serious. This step helps you confidently search within your budget.

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Research Government Schemes

Take advantage of first-time buyer schemes like Help to Buy or Shared Ownership, which can reduce your initial costs and make homeownership more accessible.

Choose the Right Property

Look for a property that suits your lifestyle, considering factors such as location, space, and future growth potential. This will ensure a sound investment for the long term.

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Hire Professionals

Work with a solicitor and surveyor to guide you through the legal process, handle paperwork, and inspect the property for any potential issues.

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