BTL to support a vulnerable family member obtained by Green Party deputy leader?
You may have seen the BBC News about the Green Party Deputy Leader having bought 2 properties via his company as a BTL to support a vulnerable family member. Do I read it correctly?
Apart from all the controversy of the Party’s actions and policies, I would be interested to know how this is possible.
We had a look recently at whether it is possible to set up a company to buy a house on BTL for a ‘vulnerable family member ‘, as I guess that’s exactly what happened here, and cannot find any mortgage deal that would allow a family member to live in that property.
How is this possible?
Who gives BTL mortgages to allow this please?
Any thoughts, please?
Editor’s note: Because the properties were bought through a limited company, the mortgages would not normally become FCA-regulated consumer BTL mortgages simply because a director’s family member lives there. However, many limited company BTL lenders specifically prohibit occupation by relatives under their lending criteria. The BBC report does not identify the family relationship or the mortgage terms, so we cannot know whether the lender expressly permitted the arrangement or was aware of it.
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Member Since March 2022 - Comments: 386
10:36 AM, 7th September 2026, About 13 hours ago
So, it’s OK to own BTL property via a limited company but not as an individual. According to the Greens then it is only private landlords who will be abolished if they ever get in.
Member Since June 2019 - Comments: 4
10:39 AM, 7th September 2026, About 13 hours ago
I dint think you were allowed to let to family. Normally a T&C of the mortgage?
Member Since May 2018 - Comments: 2489
11:53 AM, 7th September 2026, About 12 hours ago
Reply to the comment left by Jason Mumford at 07/09/2026 – 10:39
This is actually possible. A buy to let mortgage on a property purchased to house a family member is a REGULATED buy to let mortgage. For a regulated buy to let mortgage housing a family member the affordability criteria are based on the owner’s other income, not on the rental income from the property.
However, I have no idea whether the Deputy Leader of the Green Party actually obtained a regulated buy to let mortgage, or just got a normal buy to let mortgage and put a family member in to the property without actually telling the mortgage company that it was a family member.
Member Since July 2013 - Comments: 761
1:33 PM, 7th September 2026, About 11 hours ago
The Greens’ leadership don’t seem to be whiter than white in their property dealings. Wasn’t Zack the leader investigated because of non payment of Council Tax (was let off, of course).
Seems our politicians are above the law – it’s only the rest of us who have to abide by it or be fined…
Member Since May 2018 - Comments: 2489
1:49 PM, 7th September 2026, About 10 hours ago
Reply to the comment left by Freda Blogs at 07/09/2026 – 13:33
The Green Party has is reported to have passed a motion in 2025 that it wants to abolish landlords:
https://www.greencoordinate.co.uk/motions/abolish-landlords/
https://www.bbc.co.uk/news/articles/cwy9zqzp44vo
However, the second link has this quote: “Green MP Carla Denyer, who is the party’s housing spokesperson, suggested the policy was not as a radical as it might sound….While the motion to conference had an eye-catching name, it does not actually ‘abolish’ landlords,” she said…..Under the terms of their new policy, the Greens would put more regulation and taxes on private rentals to make it difficult for landlords to make a profit, while boosting housebuilding by councils.”
In other words their plan is to “…make it difficult for landlords to make a profit….” But the deputy leader of the Green Party can clearly see that he can still make a profit by renting out property through a limited company. And of course, if you make it difficult for landlords to make a profit landlords will exit the market, there will be a shortage of rental property, and rents will go up.
In other words, Green Party plans are not sustainable: However, the Deputy Leader of the Green Party does not appear to believe in their policy anyway as he’s a landlord renting through a limited company.
Member Since January 2024 - Comments: 413
10:55 PM, 7th September 2026, About 1 hour ago
Aside from anything else, there are potential tax issues if a property in a limited company is rented to a family member at leas than market rent.