7:55 AM, 20th January 2014, About 10 years ago 12
I have another question I would like to put to anyone with experiences of Buy to Let mortgages.
I appreciate that with buy to let mortgages there is a restriction with regards to the mortgage holder living in the buy to property that the mortgage is attached to. Do you think this would extend to letting out the property to a limited company that is ultimately owned by the mortgage owner, indeed a guess a more fundamental question to ask is….is there a limitation in renting to a limited company full stop?
The reason I ask is….I am considering buying a buy to let (mortgage is owned by me as an individual and not a limited company), but I want to let it out, as a first tenant to a limited company that is owned by me. As a director and employee of that company, I will then live in the property for a few months…until I get around to buying myself a proper residential house.