Buy To Let Mortgages for properties in Northern Ireland
Posted on 26th February 2021 at 14:44
Finding a mortgage lender, especially one who will lend to a LTD Company for properties in Northern Ireland, has always been a tricky process.
With the limited amount of advertising which lenders do for each of their lending criteria, so it means that advisers/brokers need to be on the ball and find solutions for their clients, even if its not a simple case. Lending to a Ltd Company for a property in N.Ireland is harder than it seems.
There is however, a lender who fits the bill nicely and with their lending criteria, we are confident that this lender will be a great solution to those in need.
Standard BTL rates starting from 3.69% - 2 year fixed and 5 year fixes from 3.89% with 1.5% fee or £1999.
HMO Rates from 4.09% for 2 years and 4.64% for 5 years fixed.
With brilliant rates like this, we can now provide you with access to those products, whether your LTD company wants to remortgage or purchase in Northern Ireland.
Other criteria;
They have some quirky criteria too meaning they can accept DMP’s (Debt Management Plans) and credit blips too.
Maximum loan is £500k, first-time landlords and first-time buyers can be considered including new SPV’s too.
Maximum age at application is 70 years old so, a broad lending variety too.
So where there was a large gap in lending, it has now been bridged.
Get in touch if you think this is something that could help your business and help you profit well.
Austyn Johnson
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