What is Portfolio Finance?
If you are new to portfolio finance, here is a quick explanation of what portfolio finance is and how it works.
A Portfolio Mortgage is…
…a mortgage that allows landlords to place all of their buy to let mortgages under one mortgage. A portfolio mortgage is treated as a single account. Rather than having separate lenders for each property, the entire portfolio is undertaken by one lender, hence one monthly payment.
The portfolio is registered as a limited company and finances and expenditures are treated exactly the same as any other business model. A property portfolio is a term used for when a landlord has at least four properties. Technically, a portfolio could consist of two properties. From a lender’s perspective, they would usually class four properties to be the bare minimum for a portfolio.
Lenders introduced portfolio mortgages to allow landlords to manage their buy to let finances with greater clarity. Rather than having multiple mortgage statements, portfolio mortgages allow for one monthly statement and one payment, simple. Landlords with portfolios don’t have to have a portfolio mortgage and it is entirely optional.
Contact Us
If you have a commercial or specialist finance requirement, you can use our form to submit an enquiry or alternatively get in touch with a member of the team.
Email us at info@ccmortgagesolutions.co.uk Call us on 01293 300664
We are a credit broker not a lender.
CC Mortgage Solutions Ltd is an Appointed Representative of Optimum ELITE which is a trading name of Optimum Commercial Solutions Ltd, registered in England and Wales 09518480. Optimum Commercial Solutions Ltd is authorised and regulated by the Financial Conduct Authority FRN: 808754.
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