Portfolio lending is primarily professional landlords with 6+ properties.
Many mainstream Buy to Let lenders will only lend to clients with less than 6 properties. However, at Jackson Potter we have access to broker only lenders who cater to this level of borrowing/portfolio size.
- Post credit crunch there are fewer lenders in this sector.
- Lending can be against the whole portfolio equity and not just individual properties.
- Buying at auction can be easier using the existing portfolio as security.
- Some portfolio lenders will only lend with exclusive rights i.e. to one Ltd Company.