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6-bed HMO purchase for portfolio landlords via SPV Limited Company

6-bed HMO purchase for portfolio landlords via SPV Limited Company

Directors of an SPV Limited Company looking to purchase a 6-bed HMO property in Yorkshire.

Two of the directors are portfolio landlords with over 10 buy to let properties between them, the third director owns just 1 other rental property.

The underwriters were happy with the property, clients and the documents provided at the time of application so offered the clients a 5-year fixed product at 75% loan to value.

 

Why Keystone?

 SPV Limited Companies

 Up to 4 directors on application

 HMOs up to 8-beds


Portfolio landlords – background portfolio stressed at 125% @ 5.5%

 Broker Procuration fee:  0.7% of the loan advanced


Property value: £160,000

Loan amount: £120,000

LTV: 75%

Rate: 3.49% 5 year fixed

Range: Specialist Buy to Let