SPV and company buy-to-let · Construction Capital portfolio
The specialist limited company buy-to-let mortgage broker for the United Kingdom.
We are a whole-of-market brokerage that arranges one thing well: buy-to-let mortgages for limited companies and SPVs, across 100+ lenders, in every English, Welsh and Scottish market we cover.
Advice from
Matt Lenzie · 25+ year career banker (Bank of Scotland, Lloyds Banking Group). £300m+ raised for property clients.
25+ year career banker (Bank of Scotland, Lloyds Banking Group). £300m+ raised for property clients.
The structure
What is an SPV mortgage?
A special purpose vehicle is a limited company that exists solely to hold rental property, and an SPV mortgage is the limited company buy-to-let loan made to it rather than to you personally. Lenders prefer the SPV to a trading business because the credit assessment is clean: no trading risk, just the rent, the asset and the directors' personal guarantees. Most want SIC code 68100 or 68209 at Companies House before they quote, and a newly incorporated company is not penalised.
The wrapper is what delivers the tax efficiency: interest stays fully deductible and retained profits recycle into the next deposit at corporation tax rates. Start with SPV mortgages, or the guides to setting up an SPV for buy-to-let and the SIC codes lenders accept.
Affordability
How does the company ICR stress test work?
Lenders divide the stressed annual interest into the rent: the interest coverage ratio. Companies are assessed at 125%, because they pay corporation tax rather than income tax, while higher-rate personal borrowers face 145%. Same property, same rent, more borrowing inside the company. Here is a representative case at a 5.5% notional stress rate.
Illustrative: £250,000 purchase, £1,300/month rent
On this case the 75% loan to value cap binds before rental cover in both structures, so each borrows £187,500, but the company clears the stress test with £31,298 more headroom. At tighter yields that headroom becomes extra leverage. Illustrative only; real outcomes vary by lender, product and fix length.
Pricing
Do limited companies get better mortgage rates?
Slightly worse, honestly, and that is the wrong comparison. Limited company buy-to-let mortgage rates typically run 0.20 to 0.40% above the personal-name equivalent because the underwriting carries extra legal work: guarantees, company checks, sometimes a floating charge. The reason landlords still incorporate is the tax arithmetic, not the rate card. What moves company pricing is loan to value tier, fix length, property type and fee loading.
See limited company mortgage rates for current pricing context, or go straight to the product hub.
The tax case
Why does Section 24 push landlords into companies?
Since 2020, Section 24 has restricted mortgage interest relief for personally held property to a 20% basic-rate credit, so a higher-rate taxpayer pays tax on rent they never keep. Inside a company the interest remains fully deductible and profits face corporation tax instead, which is why so many new purchases now complete through a limited company landlord structure. The trade-offs are real: accountancy costs, dividend tax on extraction, and the rate premium above. We quote both structures side by side on every case.
Read Section 24 explained, then run your own numbers through the limited company vs personal calculator.
Mortgage services
What do we arrange for property companies?
Ten product routes, one fact-find. From a first purchase inside a new SPV to a portfolio landlord refinancing a group structure, every case runs across the same 100+ lender panel.
Limited company buy-to-let mortgages
The head product: company-held BTL.
SPV mortgages
Special purpose vehicle finance.
Limited company mortgage rates
How company BTL pricing works.
Limited company remortgages
Refinance and capital raise inside the company.
Limited company portfolio mortgages
4+ properties, company or group structure.
SPV bridging loans
Short-term finance, company borrower.
Limited company HMO mortgages
Houses in multiple occupation, company-held.
Limited company holiday let mortgages
Short-term lets through the company.
Transfer property to a limited company
The incorporation refinance.
First-time landlord limited company mortgages
First rental property, company from day one.
Lender panel
Which lenders lend to SPVs and property companies?
The specialist names quoting on company cases daily include Paragon, Kent Reliance, Fleet Mortgages, Foundation Home Loans, Landbay, Precise Mortgages, with challenger banks such as Aldermore, Shawbrook, Interbay often sharpest on complex and portfolio work. Just as important are the intermediary-only lenders, The Mortgage Works, Leeds Building Society, Coventry Building Society, Metro Bank, who will not deal with the public directly: their limited company buy-to-let ranges are only reachable through a broker, which is a structural reason whole-of-market advice beats going direct.
UK locations · live data
Where do we arrange company buy-to-let?
Everywhere in Great Britain a lender will lend. We arrange limited company buy-to-let mortgages across 244 towns in 53 counties, each location page anchored to HM Land Registry sold prices, ONS rents and a worked company stress test for that market.
SPV buy-to-let in London
4.97% indicative yield
£550,000 median · £2,280/mo
SPV buy-to-let in Birmingham
5.79% indicative yield
£225,000 median · £1,086/mo
SPV buy-to-let in Leeds
5.9% indicative yield
£230,000 median · £1,130/mo
SPV buy-to-let in Edinburgh
5.42% indicative yield
£305,000 median · £1,377/mo
SPV buy-to-let in Liverpool
5.95% indicative yield
£180,000 median · £893/mo
SPV buy-to-let in Sheffield
7.96% indicative yield
£207,500 median · £1,377/mo
SPV buy-to-let in Manchester
6.81% indicative yield
£237,500 median · £1,347/mo
SPV buy-to-let in Bristol
6.57% indicative yield
£345,000 median · £1,888/mo
Showing the eight largest by population. All 244 towns and 53 county hubs →
How we work
How do we take a company case from call to completion?
- 01
Brief 15-minute call
A broker takes the case basics, what the company is buying or refinancing, whether the SPV exists yet or needs incorporating, the directors' tax positions, and any complications. Fee-free; no commitment.
- 02
Structure check, then a Decision in Principle
We sanity-check the structure first (SPV vs personal name, SIC codes, shareholding, deposit route), then run the case across the 100+ lender panel and pull a Decision in Principle from the strongest fit. You see the pricing before you commit.
- 03
Application, valuation, packaging
We package the case the way the chosen lender expects, certificate of incorporation, SIC codes, directors' personal guarantees, deposit provenance (director's loan or intercompany), rental schedule. Valuation is instructed; we keep both sides moving.
- 04
Offer to completion
Mortgage offer issued to the company, the lender's solicitors handle the guarantee paperwork, conveyancing completes and funds draw. We stay involved through completion and chase the lender if anything stalls.
Frequently asked questions
Can a limited company get a buy-to-let mortgage?
Yes. A UK company, almost always an SPV registered under SIC code 68100 or 68209, can hold a limited company buy-to-let mortgage in its own name: the company borrows, the directors give personal guarantees, and the rent services the loan. Specialist lenders such as Paragon, Kent Reliance, Fleet Mortgages, Foundation Home Loans underwrite these cases daily.
Is it better to buy a buy-to-let through a limited company?
It depends on your tax band and hold period. Inside a company, mortgage interest is fully deductible and profits face corporation tax; personally, Section 24 restricts relief to a 20% credit. Most higher-rate taxpayers with leverage come out ahead in the company; basic-rate taxpayers with little borrowing often do not. We model both routes on every case.
How much deposit do I need for a buy-to-let through a limited company?
A 25% deposit is standard, since most lenders cap loan to value at 75%, with a handful going to 80% at a rate premium. The deposit usually enters as a director's loan, repayable to you tax-free later; an intercompany loan from a trading business is acceptable to many lenders, documented provenance either way.
How much mortgage can a Ltd company get?
The rent decides it. Lenders stress rental income at a notional rate, typically 5.5%, against the 125% interest coverage ratio. On £1,300 per month rent that supports roughly £227,000 of borrowing before the 75% LTV cap. Five-year fixes often stretch further because the lender tests at the pay rate.
Can a Ltd company get a 100% mortgage?
No. No mainstream lender offers 100% loan to value on a limited company buy-to-let mortgage; 75% is the practical ceiling and 80% the absolute top. What a company can sometimes do is raise the deposit elsewhere, against equity in another property or via an intercompany loan, which we structure case by case.
Do directors have to give personal guarantees?
Almost always, yes. Lenders require directors, and usually shareholders above 20 to 25%, to personally guarantee the loan, normally capped at the loan amount and signed after independent legal advice. It is the standard cost of the structure, and one reason company pricing sits only modestly above personal-name pricing.
Can I transfer my personally held buy-to-let into a limited company?
Yes, but it is a sale at market value: capital gains tax on your disposal, the stamp duty surcharge on the company's purchase, and a remortgage into the company's name, with incorporation relief softening the tax where a genuine property business exists. We arrange the refinance leg alongside your accountant.
Enquiry
Get a limited company buy-to-let quote
Same-business-day callback from a specialist broker. Whole-of-market access to our 100+ lender panel. Initial consultation fee-free.
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