Lenders respond to increase in limited company buy to let mortgage applications

With the number of borrowers using limited companies to make buy-to-let mortgage applications increasing mortgage lenders have been responding by moving in to this area. The expectation is for these figures to continue to grow through the year as landlords look at new ways to expand their portfolios in the wake of the proposed tax changes.

The good news for these borrowers is more lenders and products are becoming available with Metro Bank, Paragon and Foundation Home Loans all now in the market to assist borrowers wishing to use special-purpose vehicles, meaning rates will become more favourable as more lenders enter this market place.

If you require any advice on Buy to Let mortgages give our mortgage brokers in Poole or our mortgage brokers in Bournemouth a call on 01202 937 444.

The Financial Conduct Authority does not regulate Tax planning and some form of Buy To Let mortgages.