Buy-to-Let Mortgages
Limited Company Buy-to-Let Mortgages (SPV)
Buying through a limited company isn't just a tax decision — it changes how lenders assess your entire deal.
We structure limited company BTL mortgages so they align with lender criteria, director profiles, and long-term portfolio growth — not just a single purchase.
Who this is for
This page is for you if…
- You're buying property through an SPV limited company
- You already own properties and are scaling
- You're considering switching from personal to company ownership
- You have multiple directors or shareholders
- You've been told your structure doesn't fit lender criteria
Why deals get declined
This is where most investors get caught out.
It's not just about the property. Lenders assess:
- The company structure — SPV type and SIC codes
- The directors and shareholders — who's involved and how
- Personal income and background — each director individually
- The relationship between all parties
Common triggers for decline:
- Too many directors or complex shareholding structure
- Directors not meeting individual income or credit criteria
- Incorrect SPV setup — wrong SIC codes for the lender
- Assuming all lenders treat limited company the same way
SPV vs Trading Company — Key Differences
Set up solely to hold property. Most lenders strongly prefer SPVs — simpler to underwrite and widely accepted. SIC codes 68100 or 68209 required.
Has trading activity alongside property. Far fewer lenders will accept this, and those that do have stricter criteria.
Almost always required from all directors. Standard practice — we'll explain exactly what this means before you proceed.
Free tool
Property Finance
Route Checker
Answer a few questions about your property deal. Get a personalised finance route, stress test result and a shortlist of lenders most likely to accept your case — instantly, for free.
Ltd Company BTL Route Finder
See your mortgage options
Enter the deal details to get your personalised route.
No credit check · Unsubscribe any time
Step by step
Your BTL Ltd Mortgage Journey
Here's exactly what working with me looks like — no surprises, no hidden steps.
01
Book your initial call
Let's have a chat about what you're trying to do, the property, your company structure, and any challenges that might affect lender choice.
30–45 mins
02
Let's fill in the fact find
This gives me everything I need to match you with the right lenders and products — not just whoever happens to say yes.
Usually same day / 1–2 days depending on docs
03
Time to review your options
I'll come back with my recommendations, explain the pros and cons, and help you choose the best route.
1–3 working days
04
Ready to get your Decision in Principle?
Once you're happy to proceed, I'll package everything properly and submit for DIP.
Same day to 5 working days (some lenders instant, some slower)
05
Great — full application going in
Now we submit the full application, deal with underwriting, lender questions, valuation, and keep things moving.
1–4 weeks
06
Hurray — your mortgage offer is here 🎉
That's when the broker fee becomes payable — only on success.
Done!
Total realistic timeline
Standard Ltd Company BTL
2–6 weeks
from first call to mortgage offer
Complex cases
4–8+ weeks
adverse credit · unusual property · first-time landlord · complex income
Ready to start your journey?
Book a free call — no obligation, no credit check, just straight answers.
Why limited company?
More investors are buying in a company — for good reason.
Since the reduction of mortgage interest tax relief for individual landlords, limited company buy-to-let has become the preferred structure for many investors — particularly higher-rate taxpayers and those building larger portfolios.
But limited company mortgages work differently from personal name borrowing. The lenders are different, the criteria vary, and the rates are typically slightly higher. Getting it right requires a broker who genuinely understands investor structures.
Buying or remortgaging through a limited company? Let's structure it correctly from the start.
Lender assessment
How lenders assess limited company BTL mortgages.
The Company (SPV)
- Clean SPV structure strongly preferred
- SIC codes 68100 or 68209 typically required
- Trading companies are usually more restricted
- Lender appetite varies significantly by structure
Directors & Shareholders
- All directors typically required on the application
- Personal guarantees required from each director
- Shareholders above ownership threshold included
- Each assessed on income, credit, and experience
Rental Stress Test
- Similar to personal BTL but often more favourable rates
- Typically 125% ICR for limited company applications
- Still depends on lender and their tax band assumptions
- Some lenders allow top-slicing with director income
Number of Directors
- Some lenders cap directors (e.g. max 2–4)
- Minimum shareholding percentages may apply
- Layered company structures often restricted
- This is where many deals fall apart — lender matching is critical
Not sure which lender fits your company structure? We'll match it correctly.
Common pitfalls
Getting the structure wrong is expensive to fix.
- Using the wrong SIC code — rejected before underwriting begins
- Mixing trading activity with property in one company
- Approaching personal-name lenders for a limited company deal
- Not planning for how the company structure affects future refinancing
- Assuming limited company is always better — it isn't for everyone
How we structure LTD deals
This is not just "apply through a company."
Getting a limited company deal placed requires aligning three things at once — the company, the people behind it, and a lender whose criteria fits both.
Matching structure to lender
Some lenders only accept simple SPVs or restrict director numbers. Others accept complex structures. The structure must fit the lender — not the other way around.
Aligning company + personal profile
Even in a limited company deal, personal profile still matters. We look at director income, existing commitments, and portfolio exposure across all parties.
Planning for scale
We consider future purchases, refinancing options, and lender limits over time — so your structure doesn't block you when you want to grow.
- Access to specialist limited company BTL lenders
- Advice on SPV structure and SIC code before you approach lenders
- Accurate presentation of director income and company history
- Portfolio landlord considerations factored in from the start
- Support on both new purchase and remortgage applications
Real example
Limited company deals are won or lost on structure.
The situation
- 3 directors on the company
- SPV already set up
- Strong deal on paper
Declined because:
The lender they'd approached only accepted 2 directors maximum.
What we did
- Matched them with a lender that accepts multiple directors
- Adjusted the shareholding presentation to meet criteria
- Aligned the full application with the right lender
Deal approved.
Limited company deals are won or lost on structure — not just numbers.
Common questions
Limited company BTL — frequently asked
Also relevant
Other situations we cover
Ready to discuss your deal?
Whether it's a first investment or a complex portfolio move — let's talk.