Portfolio Landlords
Expert advice for Portfolio Landlords
For landlords with four or more mortgaged properties, a portfolio mortgage offers a specialised solution tailored to their needs. Introduced following the PRA guideline changes in September 2017, this type of mortgage is designed for property investors managing multiple properties.
We understand that managing multiple properties is no small feat. That’s why at CrowNEST Mortgages we are dedicated to making the process of securing mortgages for your property portfolio as seamless and straightforward as possible.
Check out our guide, Buying in a personal name vs an SPV
Your Home (or property) may be repossessed if you do not keep up repayments on your mortgage or any other debts secured on it. Some forms of buy-to-let mortgages are not regulated by the Financial Conduct Authority.
FAQs
What is a portfolio landlord?
A portfolio landlord is defined as a borrower with 4 or more mortgaged BTL properties, held individually, jointly, or through a special purpose vehicle (SPV) or limited company.
Is there a maximum portfolio size?
Legally, there is no limit on the number of properties a landlord can own. However, if you use a lender to finance your portfolio, there may be lender-imposed restrictions.
Can I still obtain a mortgage as a portfolio landlord?
Yes, absolutely. Being a portfolio landlord does not prevent you from getting a mortgage. It simply means the application process is more detailed, and not all lenders will be suitable.
Why should you use a broker to secure portfolio landlord mortgages?
Portfolio landlord finance is a challenging and time-consuming process at the best of times, and since securing the most competitive interest rate and preferable terms can make the difference between a financially successful property portfolio and a struggling one, it’s worth seeking specialist advice.
Contact us
Contact us today for all your mortgage needs
Ready to take the next step?
Schedule a free, no-obligation chat to discuss your plans and explore what is possible, with no pressure to proceed.
Office: 01274 265571
alfie@crownestmortgages.co.uk
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