• 1LLP Mortgages
• Buy to Let
• Purchase & Remortgage
• To 85% LTV
• Repayment & Interest Only
• Professional Landlords Considered

LLP Buy to Let

A number of our Buy to Let landlord customers have approached us in recent years to arrange a buy to let mortgage on a property that is to be purchased/already owned by a Limited Liability Partnership (LLP).

They typically tell us they have been advised by their accountant/tax adviser to purchase/own the property as an LLP rather than an individual. This is usually down to the recent tax changes whereby individuals can no longer claim 100% of their mortgage payments as tax deductions against their rental income, whereby if the property is owned by an LLP this may be possible.

Clients have told us that they may have approached their own Bank/Building Society for a buy to let mortgage on a property to be owned by/already owned by an LLP and have been declined purely because the property is not owned by one or more individuals.

Clients approaching us to arrange a buy to let mortgage on a property owned by an LLP are often frustrated, that although their plans make sense, they have spoken to a number of lenders who will simply not consider a mortgage because of the property is not owned by one or more individuals.