Recently, a broker reached out to us on behalf of their client, a experienced landlord looking to expand their buy to let portfolio. Instead of a straightforward SPV, the client had a multi-layered corporate structure with multiple directors and company shareholders. Their goal was to purchase a multi-unit freehold block worth £1.2 million through this entity.
During the application process, our team were able to verify the ownership of the layered company while ensuring the structure met our lending criteria. We worked closely with the broker to gather the necessary documentation and assess the case on its own merits.
After review, we provided a £900,000 loan at 75% LTV on a five year fixed rate. The borrower benefited from a smooth application process via our broker portal, making it easier to submit documents and track progress. Additionally, our new software streamlined the post-offer stage by verifying limited company bank details automatically, removing the need for additional documentation that was previously required.
With funding secured, the borrower successfully completed their purchase. The broker valued our flexible approach in assessing corporate structures, and the client moved forward with confidence, knowing their investment was supported by a lender that understands complex buy to let deals.
Why Keystone
- Trading Limited Companies, SPVs and LLPs
- Rental Calculation at 125% for Limited Companies
- Max loan per property £2.5m