Business mortgages, or buy-to-let (BTL) mortgages, are a loan sold to property investors, rather than to people who want to purchase a home to live in. Landlords can apply for a BTL mortgage either as an individual or as a Limited Company. As of the fourth quarter of 2019, the average loan amount of both completed and newly submitted applications by Limited Companies was lower than the average loan to individuals.
Average buy-to-let loan amount for individuals and Limited Companies in the United Kingdom (UK) as of 4th quarter 2019, by type of application
(in GBP)
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Mortgages for Business. (February 18, 2020). Average buy-to-let loan amount for individuals and Limited Companies in the United Kingdom (UK) as of 4th quarter 2019, by type of application (in GBP) [Graph]. In Statista. Retrieved May 21, 2022, from https://www.statista.com/statistics/1121130/buy-to-let-loan-amount-for-individuals-and-companies-united-kingdom/
Mortgages for Business. "Average buy-to-let loan amount for individuals and Limited Companies in the United Kingdom (UK) as of 4th quarter 2019, by type of application (in GBP)." Chart. February 18, 2020. Statista. Accessed May 21, 2022. https://www.statista.com/statistics/1121130/buy-to-let-loan-amount-for-individuals-and-companies-united-kingdom/
Mortgages for Business. (2020). Average buy-to-let loan amount for individuals and Limited Companies in the United Kingdom (UK) as of 4th quarter 2019, by type of application (in GBP). Statista. Statista Inc.. Accessed: May 21, 2022. https://www.statista.com/statistics/1121130/buy-to-let-loan-amount-for-individuals-and-companies-united-kingdom/
Mortgages for Business. "Average Buy-to-let Loan Amount for Individuals and Limited Companies in The United Kingdom (Uk) as of 4th Quarter 2019, by Type of Application (in Gbp)." Statista, Statista Inc., 18 Feb 2020, https://www.statista.com/statistics/1121130/buy-to-let-loan-amount-for-individuals-and-companies-united-kingdom/
Mortgages for Business, Average buy-to-let loan amount for individuals and Limited Companies in the United Kingdom (UK) as of 4th quarter 2019, by type of application (in GBP) Statista, https://www.statista.com/statistics/1121130/buy-to-let-loan-amount-for-individuals-and-companies-united-kingdom/ (last visited May 21, 2022)
