Portfolio Landlord Mortgages

Image
A portfolio landlord is defined by the Prudential Regulation Authority (PRA) as a landlord who has anything from 4 or more mortgaged buy-to-let properties across all lenders in aggregate. These can include holiday lets, HMOs, properties owned via a limited company, and even ‘consent to let’ properties. These properties could be owned solely or jointly by the applicants. The amount you can borrow for this type of loan will vary from lender to lender. Some lenders will allow a maximum overall borrowing of £3 million across all properties whereas others may allow for higher amounts.
A buy-to-let portfolio mortgage can be the perfect solution for landlords with multiple investment properties, making it possible to keep everything within one loan repayment.
Arranging buy to let mortgages for a portfolio landlord can be quite challenging in comparison to arranging a standard buy to let mortgage as it isn’t a case of assessing just an individual property but taking into consideration the size of the portfolio and the borrowing against all the assets in order for a lender to make a decision, making the experience of a portfolio mortgage broker like Apex Financial Consultants invaluable.
Our Portfolio Landlord Finance Service Includes:

  • Review of current property values of your portfolio

  • Any changes to the property (conversion into flats, refurbishments, changes to letting type)

  • Any changes to rental income received

  • Upcoming product end dates

  • Properties that have been sold or any plans to buy

  • Overall plans for the portfolio going forward

At Apex Financial Consultants we have years of experience sourcing property finance for portfolio landlords.  We are confident that whatever your requirements are we can help you secure the right funding in a timely manner.  With recent changes to the way privately owned and limited company buy-to-lets are taxed, it is important to hold regular reviews to ensure that your buy-to-let portfolio finance is managed as efficiently as possible.

New lenders coming to market have brought innovation and changes to the way loans are underwritten. We offer extensive knowledge of the UK buy-to-let market and guarantee quality, professional mortgage advice.