The situation
Individual Ltd Co BTL mortgages get expensive to manage across 10+ properties — 10 arrangement fees, 10 valuations, 10 legal packs. Portfolio facilities consolidate into a single covenant structure.
How we approach it
We route large Ltd Co portfolios to lenders that facility the whole book — usually specialist commercial lenders and challenger banks that specialise in this segment. Cross-collateralised or individually secured tranches, depending on lender.
What that looks like in practice
- Portfolio facilities from £2m upward
- Cross-collateralised or individually secured tranches
- Blended LTV usually 65-70%
- Single covenant package — simpler ongoing management
- Individual property releases possible for sales without full refinance
Typical timeline
- Weeks 1-3Portfolio schedule, current lender review, structure design.
- Weeks 4-8Application to portfolio-facility lenders.
- Weeks 8-16Simultaneous refinance, previous loans redeemed.
Common questions
Portfolio facility vs individual mortgages?
Portfolio simpler and often marginally cheaper; individual gives more flexibility on sales and refinance. Depends on how actively you trade the portfolio.
Can I sell individual properties out of a portfolio facility?
Yes — partial redemption clauses vary by lender. Worth understanding before signing which properties can leave and at what cost.
What LTV can I get on a Ltd Co portfolio facility?
65-70% blended is typical, sometimes higher for strong-covenant portfolios. Rental cover usually the binding constraint.
Consolidate the portfolio properly
Send the schedule — we'll assess whether a portfolio facility improves on your current loan set.