Skipton International launches Limited Company Lending
Key criteria include 65% LTV and a minimum loan size of £200,000.
Skipton International has launched Limited Company Lending for eligible expat and international property investors buying or refinancing UK buy-to-let (BTL) property through a limited company.
Key criteria include 65% loan-to-value (LTV), a minimum loan size of £200,000, application fee of £4,999, a maximum of two directors or shareholders, pure special purpose vehicle (SPV) only (not trading companies), and companies must be UK, Guernsey or Jersey incorporated.
Only non-UK resident directors are eligible, with EU resident directors accepted for Limited Company BTL.
Lucy Lewis (pictured), senior manager, mortgage sales at Skipton International, said: “The Buy-to-Let market has changed, with limited company structures now a much more common route for landlords and investors.
“As a specialist in UK Buy-to-Let lending for international and expat customers, Skipton International understands the needs of overseas borrowers investing in UK property.
“Limited Company Lending builds on that experience, giving intermediaries a practical option for eligible non-UK resident directors using special purpose vehicle (SPV) structures, supported by specialist criteria, dedicated mortgage specialists and the personal service they expect from Skipton International.”
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