Getting a buy-to-let mortgage through your limited company
A limited company buy-to-let mortgage works differently from a residential mortgage. Rather than securing a mortgage in your own name, the properties in your rental portfolio are owned by your limited company.
Whether you’ve already got a few properties under your belt or you’ve only recently registered as a limited company, these types of buy-to-let mortgages offer many advantages. Most significantly—tax benefits.
Protect your personal assets
By getting a ltd buy-to-let mortgage, you can separate your personal assets from your business assets. Should you face any unexpected circumstances (we’ve got the mortgage side covered), the mortgages are legally owned by your limited company. Your personal assets aren’t at risk.
Our limited company buy-to-let mortgage advisers are here to help
Buy-to-let mortgages for a limited company are a specialist type. The lenders offering these are not your standard high street bank lenders.
Here’s where our team of knowledgeable advisers take centre stage. With many years of experience arranging mortgages directly with lenders and clients alike, we know exactly which providers are best for you.
Everyone’s circumstances are different, which is why seeking advice is as valuable as we know it to be. With our expertise, our mortgage advisers will assess your unique situation and find you the most suitable type of buy-to-let mortgage.
Get in touch
At Mortgage Synergy, we’re here to help you ensure you’ve got your ducks in a row.
If you’re unsure if your limited company is set up correctly or don’t fully understand the tax side of mortgages, come speak to us. We give impartial advice to many clients in King’s Lynn, so it doesn’t matter if this is your first buy-to-let property or another to add to your successful portfolio, you’re in safe hands.
Our specialist buy-to-let mortgage advisers go above and beyond to ensure you’ve ticked all the right boxes. From assessing your finances and explaining the repayment structure to finding you the best lender for your needs, we’re here during every step of the journey.
FAQs
There are many, including:
- You can offset 100% of the interest of your mortgage against your corporation tax bill
- And corporation tax is lower than income tax if your profits are lower than £50,000
- Your personal and business assets remain separate
- Any profit you make can be reinvested.
No. Lenders have differing criteria for you to meet to be eligible, but you can get a buy-to-let mortgage if your limited company is new. Lenders will look at your credit history, among other things, to assess your eligibility.
This depends on the value of the property. Stamp duty for limited companies is currently charged at 15% on properties valued higher than £500,000.