This website is for use by professional intermediaries only.
Broker Hotline: 0345 148 9086

Landlord with existing BTL's looking to sell a flat into a subsidiary Ltd Company

Landlord with existing BTL's looking to sell a flat into a subsidiary Ltd Company

The applicant owns a multi-unit freehold block (MUFB) with 3 flats and wanted to split the properties into separate leaseholds. This would then allow them to maximise the borrowing on each flat rather than getting a reduced borrowing on the MUFB as a single freehold unit.

 

The broker was struggling to find a specialist lender who would finance for this specific company structure which also allowed him to save on SDLT after having sought advice from his accountant from the outset.

 

By working closely with one of our Business Development Managers we were able to find the right solution for the applicant via our large loan range and ensure a smooth customer journey from start to finish.

 

 

Why Keystone:


 Wholly owned subsidiary SPV's accepted

  Same pricing offered to individuals, SPV and trading Ltd Co's

  

 

Terms Offered: 


Property value: £400,000

Loan amount: £260,000

LTV: 65%

Rate: 3.44% 5 year fixed

Range: Standard Buy to Let