Incorporating a Personally Owned Holiday Let: Essential Considerations for Property Owners
As the holiday-let market evolves, many property owners are exploring whether transferring a personally owned holiday let into a limited company could offer long-term tax or operational benefits. While incorporation can be attractive in some circumstances, the process is often ...
Using an SPV Ltd Company for Your Holiday Let
The Director’s Guide to Tax‑Efficient Funding with Intercompany Loans For UK director-shareholders, holding a holiday let inside a Special Purpose Vehicle (SPV) limited company can be an efficient way to invest, manage risk, and optimise tax. A powerful, often overlooked ...
What Are Flying and Creeping Freeholds?
Flying freeholds occur when part of your property sits above a neighbour’s land or building. Creeping freeholds are the opposite, extending underneath. Most UK mortgage lenders will consider these properties, though some have restrictions on the percentage of floor area ...
Special Purpose Vehicle (SPV) Bridging Loans Explained
Property investment through a limited company makes good business sense, but finding quick finance can be challenging. When you spot the perfect property or win at auction, you need funds fast – and that’s where SPV bridging loans come in. ...
Can You Extend a Bridging Loan?
Property projects rarely stick to schedule. Whether your renovation has hit unexpected snags or the perfect buyer hasn’t appeared within your planned timeline, timing issues with a bridging loan can be stressful. Missing your bridging loan repayment deadline isn’t just ...
Can you buy a house at auction with a mortgage?
The UK property auction market has transformed significantly over the past few years. Whether you’re eyeing a Victorian terrace ripe for renovation or a commercial unit with potential, understanding your financing options makes all the difference between winning a bid ...
How Many Buy-to-Let Mortgages Can I Have?
Buy-to-let mortgages are a popular choice for property investors aiming to grow their portfolios and generate rental income. Many aspiring landlords wonder about the number of these mortgages they can hold. This guide explores the possibilities and considerations for UK ...
Can I Change My Mortgage to Buy to Let?
Are you considering turning your home into a buy to let rental property? Perhaps you’re moving to a new city for work, or you’ve inherited a property and want to make the most of it. Whatever your reason, changing your ...
Can you buy a house with a bridging loan?
Securing your dream home or an ideal investment opportunity often hinges on swift decisions and quick financing. This is where bridging loans step in as a valuable tool. Bridging is most often thought of as a chain-breaker loan, helping you ...
What is a bridging loan usually secured against?
In the UK property market, timing is everything. Whether you’re a homeowner facing a broken chain, an investor spotting a bargain at auction, or a developer looking to transform a property, you may need fast access to funds. Bridging loans ...
What is the difference between bridging and development finance?
Whether you’re a seasoned property investor or a first-time buyer with a vision, securing the right financing can be the key to unlocking your property goals. Bridging loans and development finance are two powerful options, each offering unique advantages depending ...
Bridging Loans and Deposits: A Practical Guide
Bridging loans are quoted at a loan-to-value, but that percentage is not what lands in your account, and it is not what tells you your deposit. Fees and retained interest come off the gross loan before you see it, so ...
What happens at the end of an interest only mortgage?
If your interest-only mortgage is coming to an end, you’re probably wondering about the next steps. The lender will be expecting their money back, so this is not a situation to be ignored. Whether you are considering paying a lump ...
What’s the Difference Between an SPV and a Limited Company?
As a property investor, choosing the right business structure can make your investments more efficient. Two popular options are Special Purpose Vehicles (SPVs) and traditional limited companies. Perhaps you’re wondering what these structures are and if they might offer advantages ...
How long can you have a bridging loan for?
If you’re considering getting a bridging loan, one of the first questions you’ll likely have is “How long can I have it for?” After all, these loans are designed to be short-term solutions, but what exactly does that mean in ...
How do joint mortgages work?
If you’re considering buying a property, you may have heard about joint mortgages. But what exactly are they, and how do they work? In this article, we will discuss the various types of joint mortgage, the application process, and the ...
Mortgage Affordability Explained: How Lenders Decide What You Can Borrow
A practical, plain-English guide to how much you can afford to borrow, how lenders work it out, and the levers that can genuinely increase how much you are able to borrow. There is a big difference between what you can ...
Holiday Let Mortgages for the Self Employed
Are you a self-employed individual who is looking to buy a holiday let property? Well, you’re not alone. The number of self-employed people has been steadily rising over the years, but despite this growing trend, securing a mortgage as a ...
Holiday Let Mortgages for First Time Buyers
Are you a first-time buyer dreaming of owning a holiday let property? You might think it’s as simple as buying a property and renting it out, but beware of the risks lurking behind ‘back door residential transactions’. Lenders are on ...
Can we get a mortgage for a holiday let business?
A holiday let business is more than just a single rental property. It typically includes multiple units or even an entire holiday park. If you’re looking to finance a holiday let business, specialist commercial finance is the way to go. ...
Purchasing a Guest House or B&B
We receive many early stage enquiries from the travel and tourism sectors. A popular approach is to purchase an existing or start-up guest houses and B&B’s. Here are just a few of the questions we are asked that might be useful ...
What are holiday let occupancy clauses?
To own and run a UK holiday let you need to be aware of the occupancy rules and restrictions that apply to such properties. These will vary depending on the location, property type, usage and also the mortgage finance needed. ...
Section 106 Planning Restrictions
A Local Authority will often use a Section 106 planning restriction when they want to control how a property can be used. These powers come from Section 106 of the Town and Country Planning Act 1990. But why is this ...
What is consent to let and when is it needed?
You’re a homeowner in the UK, and an opportunity arises that requires you to temporarily move out of your home. You think, “Why not rent out my property during this period?” But you have a residential mortgage. Are you allowed ...