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Buckinghamshire landlord remortgages to raise £600k

Thursday, October 22, 2020

A combination of Ltd company and individual BTL provided just the right mix for this 46-year old Buckinghamshire-based landlord with an appetite for expansion.

Six Ltd Company remortgages, five standard BTL and one HMO, plus two individual remortgages on the mix of three and four-bedroom terraces houses with an average LTV of 77 percent provided the £600k capital the professional landlord had earmarked to grow his portfolio. All of the mortgages were five-year fixes with an initial rate between 3.70 to 4.55 per cent and a rental yield ranging from 4 per cent to 7.04 per cent.

Please note article content was accurate at time of publishing