I received a call from a really good bank manager contact of ours last week. They had progressed an application for a loan from a business and had given it an ‘Agreement in Principle’ backed by the enthusiasm of the banker to do the deal, which involved the purchase of a business premises
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It’s always interesting to read in the property news how a property rental deal has been hailed as a success when a commercial property has been let on a gross yield that doesn’t, on the face of it, provide a great return. The latest Savills quarterly review has shown for example that some prime yields
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The reason this so often asked is because so many lenders will not offer a buy to let loan to a limited company. However, Lewis O’Sullivan, of Stirling Partners Finance Limited, explains “There are several lenders who will lend to limited companies but nowhere near as many as the number that will lend to individuals.
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