BTL - Ltd Company
Discussion
Been around the houses with this (excuse the pun)
My synopsis so far is that the UK Government is hell bent on destroying the UK BTL market (and quite successfully) and UK Mortgage Lenders are greedy sh*ts that want their cake and eat it too.
The mortgage brokers and providers dangle attractive rates but the reality is that the best you'll achieve on a UK BTL SPV mortgage is just under 3% despite LTV of circa 60%Feeling as though we may as well just forget about investing in UK property and just continue with buying more property in Europe.
My synopsis so far is that the UK Government is hell bent on destroying the UK BTL market (and quite successfully) and UK Mortgage Lenders are greedy sh*ts that want their cake and eat it too.
The mortgage brokers and providers dangle attractive rates but the reality is that the best you'll achieve on a UK BTL SPV mortgage is just under 3% despite LTV of circa 60%Feeling as though we may as well just forget about investing in UK property and just continue with buying more property in Europe.
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