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Trading limited company purchases ex-Local Authority terraced house

Trading limited company purchases ex-Local Authority terraced house

A broker approached us looking to source buy to let finance for his client – a trading limited company with a sole director. The client wanted to purchase an ex-Local Authority 3-bed house to rent out on a standard AST.

 

The broker could show us the clients’ property portfolio – made up of 5 properties and provided us with 2 years SA302s, 2 years trading accounts and all necessary ID and proof of address documents we requested.    

 

Keystone underwriters were happy with the level of information provided and were able to offer the client a 5-year fixed product at 75% LTV.

 

Why Keystone:

 Trading Ltd Co purchase

 Ex-Local Authority Houses

✔ Portfolio landlords

✔ Broker Procuration fee:  0.7% of the loan advanced