LTD Company BTL Mortgage Above a Commercial Unit
The latest industry news and guides from Active Mortgages.
The latest industry news and guides from Active Mortgages.
Our client was a high-net-worth individual looking to purchase a second buy-to-let property through their limited company. Their goal was to continue building their property portfolio with high-yield assets.
The property in question was situated above a commercial premises, which significantly limits mainstream lender options.
Many lenders are cautious about lending on properties with mixed-use or commercial elements.
The client also wanted a competitive rate and to avoid percentage-based fees, which are common in today’s market.
We sourced a limited company buy-to-let mortgage with the following terms:
✔ Loan-to-value: 75%
✔ Property value: £868,000
✔ Loan amount: £516,000
✔ Product: Fixed rate at 5.16%
✔ Lender fee: £3,999 fixed (no % fee)
✔ Free valuation included
This was a strong result, especially given that most lenders currently charge a minimum of 2% fee on these types of cases.
✔ Full loan amount secured despite the commercial element
✔ Competitive fixed rate in the specialist BTL market.
✔ Fixed lender fee kept the costs predictable and reduced upfront expense.
✔ Free valuation added further savings for the client.
The client was particularly pleased with our ability to navigate a complex case and still deliver a strong rate with fixed fees.
“I was expecting this to be much harder and more expensive. Really happy with how smoothly everything was handled.”
✔ BTL properties above commercial units need specialist lenders – mainstream options are limited.
✔ In the current market, fixed lender fees can offer better value than percentage-based fees.
✔ Limited company structures remain a smart route for high-net-worth clients building portfolios.
Book a call with one of our team to talk about your requirements.
