UK Loan residential mortgage additional borrowing to spv

Joined
Apr 11, 2020
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Hi,

I recently became aware of the possibility to loan additional borrowing on on a residential mortgage to the private company fully owned by the same individual to fund a btl purchase. This method is mentioned below

https://www.fyldetaxaccountants.co.uk/pr...wed-funds/

Does anyone know if this is still a viable and legal option?

thanks
 

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