How it works
With our simple form, case management tools, and expert advisers; finding funding has never been simpler.
Let us know about you and what you would like to achieve.
Your assigned adviser will issue an indicative quote.
Review your offers and choose the best for you.
Valuations are conducted, formal offers made, funds are drawn.
Don't just take our word for it. See what our customers are saying.
i spoke to B2B regarding regearing a mortgage on small apartment, including moving from a private holding to a new company holding. I was advised throughout by Gillian Brooks who has been excellent. T...
Excellent service on mortgages It is fair to say that my existing lender seriously let me down, with little explanation and considerable lack of communication on the matter from their agent. Neil f...
Great service from Steve Brundell. Very quick to respond to issues, sorting the paperwork and communication with the lenders. Good product knowledge too - I would recommend.
Andrew Rayner has been absolutely amazing throughout this whole process. He made sure we were always in the loop, gave advice and reassurance when we needed it and has generally been a great asset. We...
Frequently Asked Questions
Need answers? We got 'em.
If you're considering investing through a limited company (SPV):
You might be under the impression that there's a minimum term a company must have been trading for, however there is no such requirement. In truth, you can get a mortgage arranged before setting up an SPV. A certificate of incorporation will be required before the mortgage can be completed.
Lenders will generally require the rental income to cover 125% of the mortgage payments if the mortgage is paid at an interest rate of 5.5%. To determine how much you could borrow you take the annual rental amount, divide it by 5.5% then divide the answer by 125%. For example with an annual rental income of £11,000 your calculation would be (11000 / 5.5%) / 125% = 160000.
You, as director, are the lenders main focus. They will be looking to ensure you can meet the terms of the mortgage. Your income, credit history, investment experience, job, and various other points are examined in the same way as a personal mortgage.
Generally directors will be required to give personal guarantees, meaning you will be personally obligated to fulfil the company's debt. This would be the difference in the value of the property against the amount owed.
Essentially, no. It's simply a personal mortgage in a convenient wrapper. There are a few points to consider though:
Lender arrangement fees are usually slightly higher, since there's more paperwork required for you and the company.
For the same reasons as above your solicitor costs will generally be higher.
Some lenders will require you get independent legal advice about the personal guarantee you need to give. This will mean getting another solicitor who is not connected with the purchase to explain the personal guarantee and witness you sign the agreement.
Less stringent affordability checks, which means you'll be able to borrow more.