Case Study – Landlord Expands BTL Portfolio Through SPV Company

Landlord Expands BTL Portfolio Through SPV Company

Expat landlord expands his buy-to-let portfolio through a SPV Company

This is a great case study on how Liquid Expat Mortgages helped an experienced landlord expand their Buy-to-Let Portfolio through the creation of a SPV Limited Company.

The Scenario

An experienced landlord who took out his first mortgage with Stuart Marshall at Liquid Expat Mortgages over 12 years ago wanted to expand his portfolio as he was still working as a Oil Engineer in Saudi and still earning a high salary which was tax exempt. He intended working for at least a further 15 years.

The customer had identified the property which was a 3 bed detached cottage in leafy Cheshire and which he intended to rent out as the area had a very strong rental demand for families looking for excellent schools and good commuter links to Manchester.

The Solution

As he was 62 years old he believed his hopes of getting mortgages were slim. Liquid advised him that there were in fact a number of lenders who provided Buy to Let mortgages through SPV’s and also allowed borrowing up to 85 years of age.

Liquid Expat Mortgages helped the client set up an SPV Company (of which he was the sole director) within 48 hours and in this instance, the landlord chose a mortgage term of 15 years.

Case Details

Property value: £395,000

Loan amount: £200,000

Product: 2 Year Fixed

Rate: 3.49%

Term: 25 years interest only

Mortgage payment: £581.67

Rental income: £1975 pcm

Gross yield: 6% pa


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