Limited Company 3 Year Tracker: BTL Mortgage

Our new Limited Company Buy-To-Let product for properties in England and Wales is now here at Skipton International. Also known as SPV Lending, our Limited Company Buy-To-Let product allows you to mortgage a property through your Limited Company.
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Loan to Value
Pay Rate
Minimum Loan
Loan to Value
Up to 65%
Pay Rate
6.49% Base + 1.24% / Product Floor 4.24%
Minimum Loan from
Loan to Value
Up to 65%
Pay Rate
6.89% Base + 1.64% / Product Floor 4.64%
Minimum Loan from
Guaranteed to track the bank of England Base Rate for 3 years (with a Base Rate floor of 3.00%)

Early repayment charges: Year 1 - 3%
Year 2 - 2%
Year 3 - 1%

Application fees: £4,999 for purchased and re-mortgaged properties

With effect from 25 October 2023

Your home may be repossessed if you do not keep up repayments on your mortgage

  • Mortgage information

    A Limited Company mortgage, or a 'Special Purpose Vehicle mortgage' allows borrowers to purchase a Buy-To-Let property through a limited company which is set up for the sole purpose of property investment. This allows investors to take out a mortgage through the company name rather than their own name. 

    Skipton International provides limited company mortgages to UK expat and non-UK residents, securing on properties located in England and Wales. Unfortunately, we do not at this time support properties in the Channel Islands, Northern Ireland, the Isle of Man or the islands of Scotland. 

    Check your property rental yield is sufficient to support a mortgage. Skipton has a handy UK Buy-To-Let Mortgage Calculator to estimate the size of an offshore mortgage that might be available to you. 

    Basic criteria is detailed below but for more information, see our guide and speak to one of our experienced Mortgage Sales team on +44 (0)1534 509 501 or email us on

  • Criteria
    • You must meet the criteria for a UK Buy-To-Let mortgage, which is outlined in this guide
    • Your limited company must only have a maximum of 2 directors. 
    • Your company must be registered as a limited company and must be registered in England and Wales, Guernsey or Jersey.
    • Any guarantee is to be joint and several. Security is to be a charge over the property being purchased/remortgaged along with a guarantee from all the directors of the company.
    • The minimum loan size is £100,000 and the maximum mortgage loan to is £5 million.
    • Maximum loan to value (LTV) is 65%.
    • Maximum number of properties owned by the company is to be 10 (This includes properties owned as a result of the proposed purchase(s)).
    • Limited Companies must be incorporated for the principal activity of buying and holding residential property.
    • There will be restrictions on Standard Industrial Classification codes (SIC Codes):

                                   - 68100: Buying and selling of own real estate 

                                   - 68209: Other letting and operating of own or leased real estate 

                                   - 68320: Management of real estate on a fee or contract basis

    • Independent legal advice (ILA) when signing the guarantee will be recommended but not insisted upon.
    • The underlying client(s) will need to establish a suitable property holding company (SPV) and a bank account with a UK provider in the name of the Limited Company.
    • The application is submitted in the company name and will be supported by personal guarantee from the director(s).
  • Interest rates

    Interest is calculated on a daily basis and monthly payments must be made in arrears by direct debit on the first working day of each month. As with all mortgages, if repaid after the end of the period, interest to the date of redemption will be payable.

    Following the fixed period interest will revert to the Skipton International UK Buy-To-Let follow on rate (currently 7.49%). This mortgage is portable and can be applied to a new property (subject to it meeting Skipton's criteria). We may offer retention rates which will be subject to market conditions at the time.

    No early repayment charges following the end of the fixed period.

  • Product Fees

    Product fees are non-refundable and must be paid on application.

    On this fixed rate mortgage, lump sum payments of up to 10% may* be made early without charge each year. For the purposes of this calculation, a year is defined as starting on the commencement of the loan and on the anniversary thereafter; the amount is up to 10% of the balance outstanding on that date. This facility cannot be rolled over into subsequent years if the facility is not used in any one year.

    This mortgage product can be withdrawn at very short notice

    *Please note this will depend on when the product was taken.

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Limited Company Buy-To-Let Mortgage Guide

A step by step guide from Skipton International to applying for a Limited Company Buy-To-Let Mortgage Guide
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Mortgages with Skipton

Are you are an overseas residents considering investing in UK Buy-To-Let properties? Talk to us about your options, we’d love to help.