S
Seba99
New Member
Hi,
I've been looking for an answer to this question but everyone who has answered these questions on other forums have just been told that HTB is designed for first time buyers who can't afford any other properties.
My questions is if you owned a government HTB equity loan on a property in your own name, would it be against the terms of the loan to own real estate in a Ltd company?
My understanding is that they are different legal entities, if a structure of company A the holding company owned company B the BTL/Flipping company, then surely you are no different to owning shares in a company.
My only concern is when it comes to financing a deal, they would use your personal circumstances to check eligibility as the company would have no trading history.
There is nothing that states you can't do this on the HTB website.
Looking for some real legal advice, and not to be sent to the HTB website.
Thanks,
Sebastiano
I've been looking for an answer to this question but everyone who has answered these questions on other forums have just been told that HTB is designed for first time buyers who can't afford any other properties.
My questions is if you owned a government HTB equity loan on a property in your own name, would it be against the terms of the loan to own real estate in a Ltd company?
My understanding is that they are different legal entities, if a structure of company A the holding company owned company B the BTL/Flipping company, then surely you are no different to owning shares in a company.
My only concern is when it comes to financing a deal, they would use your personal circumstances to check eligibility as the company would have no trading history.
There is nothing that states you can't do this on the HTB website.
Looking for some real legal advice, and not to be sent to the HTB website.
Thanks,
Sebastiano
