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Commercial BTL Mortgage

Started by dheeraj, October 29, 2015, 02:48:41 PM

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dheeraj

Hi,

I am director of a small company(with one employee---me :)) Its an IT based company and this company had saved some money which I want to invest in buying BTL property. I asked few mortgage advisors who are giving me different advices.
1) Some are advising me to open another company which will just deal with properties as my existing company cannot go into property business but then how am i suppose to move money from my existing company to new company?
2) Some are advising me to move the money from company to my current account as loan and buy the property on my name. (Not very bright idea it seems)
3) Some are advising me that they can get mortgage for me from the lenders but it would be on high rate of interest.

I am totally confused at what the best option is. Can you please share your experience in such scenario? Also if you can provide contact details of some reliable mortgage advisor , it would be very helpful.

Thanks