£700,000 limited company buy-to-let mortgage for senior insurance broker
Trinity Financial recently arranged a £700,000 limited company buy-to-let mortgage for a senior insurance broker.
He had found a £930,000 property he had agreed to buy and asked us to find him a lender offering the largest mortgage. He already owned a buy-to-let property and part of our client's deposit was gifted to him.
We found a lender offering larger buy-to-let mortgages to landlords on a tracker rates basis. The lender provided around £50,000 more than many of its competitors, but it charged a 3% arrangement fee of £21,000 which was added to the loan.
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The information contained within this article was correct at the time of publication but is subject to change.
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