Legal
Terms of business
The basis on which we arrange non-regulated limited company buy-to-let finance, our scope of service, fees, and the regulatory regime that applies.
This is a placeholder terms-of-business notice. A full version will replace this page before public launch.
Regulatory status
Lenzie Consulting Ltd is not authorised or regulated by the Financial Conduct Authority. We arrange non-regulated limited company buy-to-let mortgages only. We do not arrange Consumer Buy-to-Let or other regulated mortgages, if your case falls into the regulated regime we will refer you to an FCA-authorised firm.
Scope of service
We source and arrange non-regulated limited company and SPV buy-to-let mortgages from a panel of 100+ lenders with company appetite. Our service includes initial fact-find, a structure check (SPV versus personal name, SIC codes, deposit route), lender selection, packaging the application, and managing the case through to completion. We do not give tax, accounting, legal or investment advice; we will refer you to qualified professionals where useful.
We do not arrange Consumer Buy-to-Let, regulated residential mortgages, or any other regulated mortgage activity. If your circumstances bring your case within the regulated regime (for example, letting to a family member, or letting a property you previously lived in), we will refer you to an FCA-authorised firm before any arrangement work begins.
Fees
Initial consultation is fee-free. We charge 1% of the loan amount, payable only on successful drawdown. The procuration fee paid by the lender (typically 0.30% to 0.55% on limited company buy-to-let) is taken first; you pay the difference up to 1% only where the lender's proc fee is below 1%. No fee at all if the case does not complete. The exact figures applicable to your case, the expected lender procuration fee and your resulting top-up amount, are confirmed in writing before you commit to any product.
What buy-to-let regulation looks like
Most buy-to-let mortgages, those secured against a property you intend to let to a third party for investment, sit outside the FCA's regulated mortgage regime under the Regulated Activities Order. Consumer Buy-to-Let, introduced by the Mortgage Credit Directive in 2016, brings a narrow subset of BTL transactions into FCA regulation: principally cases where the borrower is letting to a family member, or accidentally became a landlord. We don't arrange those.
Complaints
See the complaints procedure.