9:16 AM, 18th March 2019, About 2 years ago 3
I am trying to help a friend who has 4 BTL properties all owned as an individual (rather than as a company). At present each property has a mortgage ( across the portfolio the LTV is approx 35%).
Not looking to take out any additional lending but the endless new mortgage arrangement / booking fees/ valuation fees for a fixed period are a drag and are really adding up.
So my question is it possible to have one mortgage or loan secured against all the properties? Or is the only way to do this by incorporating the properties and getting a commercial loan.
Any help much appreciated.
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