Anyone used or heard of bespokefinance.info?
Been to few lenders who have been a pain confusing personal with spv.
I have a property that I own personally with a mortgage. I have setup an SPV and plan to sell it to my spv at market rate.
I will then use those funds to purchase another personal property to live in.
I will initially lend my spv the mortgage deposit to buy it off me.
A few have said they can't do it to myself which is confusing as an SPV is separate to me personally and the sale should be like I was selling to someone else whilst others say yes it's let to buy... but it's not let to buy. As it's not going to be in my name
Been to few lenders who have been a pain confusing personal with spv.
I have a property that I own personally with a mortgage. I have setup an SPV and plan to sell it to my spv at market rate.
I will then use those funds to purchase another personal property to live in.
I will initially lend my spv the mortgage deposit to buy it off me.
A few have said they can't do it to myself which is confusing as an SPV is separate to me personally and the sale should be like I was selling to someone else whilst others say yes it's let to buy... but it's not let to buy. As it's not going to be in my name
