4 years ago | 31 comments
Hello, Apologies for this rambling query.
Background: My daughter has landed a permanent job at Cambridge University and is about to immigrate to the UK (we are South African). She is a director and shareholder of our small BTL company registered in the UK.
The company currently owns 3 houses in the North East and has no mortgage (all were bought for cash).
Q1. Apart from the necessary work visa and the right-to-rent, are there any other documents required?
Q2. She plans to rent outside Cambridge (e.g.Ely). She will have sufficient funds to pay a deposit and the first month’s rent, but not much extra, and will not have started earning a salary in the UK (she currently freelances via the internet).
Would a landlord consider her shareholding as sufficient cover instead of a guarantor?
Thanks in anticipation,
Mike
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