Skipton International’s limited company lending is available to customers around the world, but their holding company must be registered in England, Wales, or the Channel Islands. A big advantage is that they can be residents of those jurisdictions as well, McLean noted, whereas previously it was only available for those living offshore.

“We know there are a lot of people holding them that are actually residing in the UK, so we’re highlighting this point,” McLean explained. “It’s a product we never offered before and it’s not widely available across the market. We’re very niche on this.”

Addressing common concerns, McLean pointed out that registering a limited company is quick – she’s seen people set them up within days – and relatively low-cost – though she urges everyone to verify price independently, for a company filing fee of around £12. Once established, the limited company’s registration is permanently held at Companies House, regardless of the life of the mortgage.

Limited company mortgages also offer many potential benefits that touch on tax advantages, greater anonymity that keeps dealings private, and more business-focused, cleaner transactions. But McLean recommends people always do their due diligence and seek legal advice from relevant professionals as to the benefits limited company lending may provide.

“Though it might not be the best route for everybody, it’s a great option to consider,” she summed up. “More people are viewing it as a different and potentially very attractive vehicle for holding mortgages.”