Buckinghamshire Building Society has moved into the limited company buy-to-let market with the launch of a dedicated product range, with rates from 5.49%.
The move is designed to support landlords, including expatriate investors and those with holiday let properties, as they navigate the evolving property landscape.
The mutual is introducing four limited company buy-to-let products:
• Limited company buy-to-let – 5-year fixed rate of 5.49%, up to 80% LTV
• Limited company expat buy-to-let – 3-year fixed rate of 6.09%, up to 75% LTV
• Limited company expat Holiday Let – 2-year discounted rate of 6.09%, up to 75% LTV
• Limited company holiday let – 2-year fixed rate of 5.79%, up to 75% LTV
The new range includes options for day 1 SPVs, first-time buyers, and first-time landlords.
Buckinghamshire Building Society also offers a 125% Interest Coverage Ratio (ICR) for limited company applicants.
The society does not lend to portfolio landlords, preferring to focus on on providing tailored products for landlords seeking financing for individual properties,
Claire Askham, head of mortgage sales at Buckinghamshire Building Society, said: “We’ve been carefully considering the launch of a limited company product range for some time, as we’ve observed a growing trend of landlords incorporating their portfolios in response to changes in tax regulations.
“This new range, which includes products for standard and expat buy-to-let as well as holiday let, allows us to provide focused support for these landlords while offering brokers a clear and compelling solution for their clients.
“We’re always actively reviewing our criteria to ensure we meet the evolving needs of landlords across the market. It’s about recognising a market shift and equipping brokers with the right tools to stay ahead.”
