BTL for Limited companies in Northern IrelandMake Text Bigger
Finding a mortgage lender who lends to Limited Companies for properties in Northern Ireland has always been a tricky one. With the limited amount of advertising lenders do for each of their lending criteria, it means that advisers/brokers need to be on the ball and find solutions for their clients even if it’s a simple case.
There is a lender who fits the bill nicely though and with their lending criteria, we feel that they will be a good asset to those in need.
Standard BTL rates starting from 3.69% – 2 year fixed and 5-year fixes from 3.89% with 1.5% fee or £1999.
HMO Rates from 4.09% for 2 years and 4.64% for 5 years fixed.
We can now bridge that gap. The lender allows LTD companies to remortgage or purchase in Northern Ireland.
They have some quirky criteria too meaning they can accept DMP’s (Debt Management Plans) and credit blips.
- The maximum loan is £500k, first-time landlords
- First-time buyers can be considered including new SPV’s too.
- The maximum age at application is 70 years old so, a broad lending variety too.
So where there was a large gap lending can now be arranged for Limited companies in NI.
If you need assistance with this or any type of property finance please do not hesitate to get in contact with us using the form below.