Property finance
Commercial mortgages, bridging and refurbishment finance for companies and property investors.
Buy-to-let finance for limited companies and SPVs
Buy-to-let mortgages for property held in a limited company or special purpose vehicle (SPV). Lenders assess company lending differently from personal buy-to-let, so we prepare your case and take it to our partner network of 200+ lenders, creditors and banks. This page is for limited companies and SPVs.
What is an SPV?
A special purpose vehicle (SPV) is a limited company set up to hold property, usually residential property let to tenants. Landlords use them to keep the property business separate from their personal affairs, to hold a portfolio in one place, or for tax reasons.
Whether a company suits you is a question for your accountant. Once you have decided, we can help with the borrowing.
Limited company buy-to-let finance we can source
- Purchases through an SPV. Buying a first or additional property in a limited company.
- Remortgages. Refinancing a property or a portfolio that is already held in a company.
- HMOs and multi-unit blocks. Houses in multiple occupation and blocks of flats let as a single investment.
- Portfolio finance. Borrowing against several properties held by one company or a group of companies.
- Refurbishment before letting. Short-term finance to improve a property, followed by a refinance onto a buy-to-let mortgage. See bridging and refurbishment finance.
How lenders assess company buy-to-let
Each lender sets its own criteria. These are the points that come up most often:
- Company activity. Many lenders expect the company to be set up for property letting, with a property-related SIC code such as 68209.
- Rental cover. Lenders test whether the expected rent comfortably covers the mortgage interest. Each lender uses its own test.
- Personal guarantees. Directors or shareholders are commonly asked to guarantee the loan. You could be personally liable if the company cannot repay.
- The property and tenancy. Type, location, condition, valuation and the tenancy arrangements.
- Portfolio landlords. If you have four or more mortgaged buy-to-let properties, lenders look at the whole portfolio, not only the property you are financing.
- Experience. Some lenders prefer landlords who already own let property.
Information to have ready
- Company details, including the SIC code, directors and shareholders.
- Property details, the purchase price or valuation, and the expected rent or current tenancy agreement.
- A schedule of existing property and mortgages held by the directors or the company.
- Where the deposit is coming from.
Tax and costs
Company-owned property is taxed differently from property held personally. Stamp Duty Land Tax, corporation tax and the treatment of mortgage interest all depend on your circumstances, and moving an existing property into a company can trigger charges. Confirm the details with your accountant before you proceed.
Lenders usually take a legal charge over the property, which may be at risk if repayments are not made. Costs commonly include a valuation fee, legal fees and an arrangement fee, and some loans carry early repayment charges.
Questions we are often asked
Can I get a buy-to-let mortgage through a limited company?
Yes. A number of lenders offer buy-to-let mortgages to limited companies and SPVs. Their criteria differ, so a well-prepared case matters.
How much deposit do I need?
It depends on the lender, the property and the rent. Lenders lend a proportion of the property’s value and you fund the rest, and they will ask where the deposit is coming from. We take your case to lenders in our network and come back to you with the options available.
Will I need to give a personal guarantee?
Many lenders ask for one. Requirements vary, and we will tell you what a lender asks for as your case progresses.
Can I move a property I already own into a company?
It can be done, but it may trigger tax charges and usually needs the existing lender’s consent or a new mortgage. Speak to your accountant first.
Do you cover buy-to-let for individuals?
This service is for limited companies and SPVs.
Do I need a separate company for each property?
Not necessarily. Some landlords hold several properties in one company and others use one company per property. Your accountant can confirm the best structure for you, and lenders have their own views.
Do you charge a fee?
There is no charge for the first conversation. We may receive a commission through our partner network, and any fee or commission is confirmed in writing before you proceed.
How it works
From first conversation to funding
1
First conversation
We discuss what you need: how much, what for and by when. There is no charge for this conversation.
2
Case summary
We prepare what lenders ask for: accounts, property or asset details, and how the finance will be repaid.
3
Lender matching
We take your case to the lenders in our partner network that fit it, and bring you the options available.
4
Completion
We stay in touch and support you through to completion.
Antares Systems is run by its director, Anton Nevinnykh, who spent more than ten years raising and managing debt inside a large group of companies. Read our history.
Our approach Through our partner network of 200+ lenders, creditors and banks, we source the funding option that fits your business and your plans. Our full terms, including any fee or commission, are set out in the agreement you sign before we proceed. All finance is subject to status and lender criteria.
Also from Antares Systems
Other services
CAPEX and OPEX finance
Asset finance for equipment and vehicles, and funding for running costs and growth.
IT asset buyback
Fair-market value for surplus business IT, with documented data erasure.
Tell us what you need
Send a short description of your plans and we will come back to you with next steps.