Complex multiple limited company and SPV structure BTL purchase
The borrower
Harriet is 61 and divorced. She is a Self-Employed Property Investor £145,000 (High tax payer). She is an experienced landlord with 47 properties. She wants to borrow £270k on a leasehold flat, valued £440, but the complication is that the property is already owned by one of the client’s multiple limited companies – and it is being transferred to a new SPV via a purchase, which makes this a case for specialist lending.
- Complex Limited company structure made of four layers (Holding company, parent company, parent company & SPV when one shareholder residing in Australia)
- Inter company loan used for the deposit
- Portfolio landlord
- Short term lease with connection between freeholder and leaseholder
How we can help
Because Foundation Home Loans are the experts in complex Limited Company structures for buy to let mortgages, we are able to help clients like this. We also accept inter-company loans as a source of deposit, and we have no limit to background portfolio size. We are able to consider connection between freeholder and leaseholder.
We love to talk a case through, why not call your Foundation Regional Area Manager today?