Specialist mortgages

Specialist mortgages

Request your FREE 1 hour consultation
Call 01908 299371
to find out how we can help
Request your FREE expert mortgage advice
Call 01908 299371
to find out how we can help

Specialist Mortgages

When it comes to specialist mortgages, Newhouse Financial Services comes into its own! We have access to many different lenders who offer niche products and solutions. Whether you are looking to purchase a property via your existing Limited Company or looking to set up a new company to start your portfolio we can search the market to secure you the most appropriate deal.

Seeking professional advice in these areas can save you time and hassle and will be able to unlock lenders and mortgage deals that otherwise would not be available to you.

Call us today for a friendly chat and find out how we can help - 01908 299371

Ask A Question

Our Process

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1

Free, Impartial Mortgage Advice

There's absolutely no pressure to buy from us - just friendly, helpful advice from our professional team.
2

Compare The Market

We have access to a wide range of mortgages with some exclusive products not available on the High Street. Let us do all the hard work and find the most suitable deal for you.
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submit_application.jpg
3

Manage Your Application

Your advisor will help you with your application from start to finish. From the initial application to you collecting the keys to your new home, and everything in between!

Our Process

1

Free, Impartial Mortgage Advice

There's absolutely no pressure to buy from us - just friendly, helpful advice from our professional team.
call_us.jpg
2

Compare The Market

We have access to a wide range of mortgages with some exclusive products not available on the High Street. Let us do all the hard work and find the most suitable deal for you.
compare_market.jpg
3

Manage Your Application

Your advisor will help you with your application from start to finish. From the initial application to you collecting the keys to your new home, and everything in between!
submit_application.jpg

Limited Company & SPV Mortgages

If you already own a Limited Company and are looking to purchase a new property, getting a mortgage can be tough but not impossible. While some mortgage lenders will consider lending mortgages to trading companies, most will only lend to Special Purpose Vehicles (SPVs).

An SPV is a Limited Company designed especially for the purpose of Buy to Let activities i.e. the purchase/remortgage of residential properties for letting. Limited Company mortgages & SPVs are becoming increasingly popular ever since the Chancellor announced plans in 2015 to cut landlord tax relief. The higher-rate taxpayers who own buy-to-let properties will pay more tax, and because of this, Limited Company mortgages & SPVs are set up by landlords moving away from the traditional buy-to-let business models to limited companies.

Some of the benefits of a Limited Company or SPV include:

  • Higher Tax Relief - Paying corporation tax on a limited company (which will be 18% by 2020) could be more beneficial than paying income tax on the property without the tax relief that has historically applied.
  • Personnel funds can be drawn back out of the company – Any funds that you inject into your Limited Company. (e.g. mortgage deposit) can be drawn back out by way of directors loan.
  • No income tax when reinvesting profits to secure more properties – Generally you will be able to grow BTL portfolio more quickly within a Limited Company. as there will be no income tax on the retained profit, meaning more cash to re-invest.
Things to consider:

  • Higher Mortgage Rates – Generally speaking most lenders charge higher interest rates and fees for limited company mortgages compared to personal Buy to Let mortgages
  • No Capital Gains tax allowance – Whereas an individual selling a personal Buy to Let property would benefit from the allowance at the prevailing rate at the time of sale.
  • Additional costs of running a Limited Company - such costs include the preparation of accounts, company tax and corporation tax calculations for HMRC, filing at Companies House, legal fees, and annual auditing if applicable.

Newhouse Financial Services are whole of market mortgage brokers and we regularly arrange ltd company mortgages for new and existing clients - if you want to be one of them get in touch and one of our specialist mortgage advisors will be happy to answer any questions you may have as well as show you what options are available to you.


Call us now on 01908 299371 for expert, whole of market mortgage advice. 

House of Multiple occupation

A house in multiple occupation (HMO) is a property rented out by at least three people who are not from the same household but share the same kitchen, toilet and bathroom facilities. This type of housing is typical for a student house share for example.

Most high-street Buy-to-Let lenders will not touch HMO properties. However, there are a growing number of specialist lenders in the market place who are offering some very competitive deals. At first glance, it can be hard to understand what mortgage option is right for your situation, which lender will be the best choice to partner with, and what exactly that lender is looking for when considering an application.
Newhouse Financial Services are whole of market mortgage brokers and we regularly arrange HMO mortgages for new and existing clients - if you want to be one of them get in touch and one of our specialist mortgage advisors will be happy to answer any questions you may have as well as show you what options are available to you.

Call us now on 01908 299371 for expert, whole of market mortgage advice. 

Contractor Mortgages

Contractor mortgages for many lenders are seen as high risk and it's often difficult to find a bank or building society to say yes. Newhouse Financial Services specialise in mortgages for people who don’t fit the standard criteria, including people on short-term contracts or day rates. We have helped many contractors in the past secure mortgages after they have been turned down by their own bank and even other mortgage brokers.
After an initial chat with one of our specialist mortgage brokers, they will quickly be able to assess your situation and let you know how much of a mortgage you are likely to be offered.

Call us now on 01908 299371 for expert, whole of market mortgage advice. 
Have any questions?
About Us Newhouse Financial Services

Our mission at Newhouse Financial Services is to ensure that our clients get the very best advice and are looked after every step of the way.


Get in touch

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

MY NHFS Ltd, t/a NewHouse Financial Services is an Appointed Representative of Stonebridge Mortgage Solutions Ltd, which is authorised and regulated by the Financial Conduct Authority.

Registered Office: MY NHFS Ltd, i:Centre, Howard Way, Newport Pagnell, MK16 9QS. Registered Company Number: 08877982 Registered in England & Wales. Sol2553

There may be a fee for submitting your mortgage application, the precise amount will depend on your circumstances. Our typical fee is £199.00.

As with all insurance policies, conditions and exclusions will apply.

Wills are not Regulated by the Financial Conduct Authority. NewHouse Financial Services are not acting as appointed representatives of Stonebridge Mortgage Solutions Ltd for Will Writing