£180,000 Buy-to-Let Mortgage Secured at 56% LTV in North Finchley
A landlord growing her portfolio needed a buy-to-let mortgage in North Finchley against a house she had previously owned jointly with her late husband. The title had to be updated to her sole name before any lender could complete. A2Z coordinated solicitors and lender in parallel and delivered a £180,000 facility at 56% LTV — 2-year fixed at 3.29%, capital repayment — within 10 weeks.
Deal Snapshot
The Client Scenario
The client is a self-employed landlord borrowing through an SPV Ltd company, with a clear objective: grow her buy-to-let portfolio. The security was a rental house in North Finchley, valued at £320,000 and let at £23,400 a year — a gross yield of around 7.3%, well above the North London average.
On the numbers alone this was a straightforward buy-to-let mortgage. A £180,000 facility at 56% LTV, strong rental cover and a good-quality asset in a stable rental area are exactly what lenders want to see.
The complication sat on the title. The property had been held in the joint names of the client and her husband. Following his death some years earlier, she became the sole owner — but the Land Registry title still needed to be brought fully up to date to show her as sole registered proprietor before a new charge could be registered against it.
For a landlord, that matters. Until the title reflects the current owner, no lender will release funds, and every week of delay pushes back the next acquisition. The task was to get the title updated and the mortgage completed in one coordinated run — not two separate projects.
What Could Have Gone Wrong
Title issues are one of the most common reasons buy-to-let mortgages stall after offer. The lender's solicitors will not certify title until the register matches the application — and if the update is only started once the offer lands, the case can sit for weeks waiting on paperwork that could have been running from day one.
On this North Finchley case, the specific pressure points were:
The Solution
A2Z ran the title update and the mortgage application as one process. The client's solicitors were briefed on exactly what the lender's legal team would need to see, the title was updated at the point of application rather than after offer, and the lender was kept moving in parallel so that the moment the register was clean, completion could follow.
The result: a £180,000 buy-to-let mortgage with MT Finance, fixed at 3.29% for 2 years on a capital repayment basis, against a £320,000 valuation — a clean 56% LTV, completed within 10 weeks.
Got a buy-to-let with a title complication?
Joint ownership, inheritance, probate, SPV transfer — we identify the title work early and run it alongside the mortgage, so it doesn't hold up completion.
A2Z Bridging Ltd is authorised and regulated by the Financial Conduct Authority · FRN 808769
The Outcome
Growing Your Portfolio? Let's Clear the Obstacles First.
Title changes, SPV structures, inherited property — we find the issue before the lender does, and run the fix alongside the mortgage.
A2Z Bridging Ltd · Authorised & Regulated by the FCA · FRN 808769 · We are a broker, not a lender.
Frequently Asked Questions
Yes. The lender needs the Land Registry title to show you as the sole registered proprietor (or the correct current owners) before it can register its charge. On this North Finchley case, the property had been held jointly with the client's late husband; the title was updated to her sole name at the time of application and the £180,000 buy-to-let mortgage completed within 10 weeks. The key is starting the title work at the same time as the mortgage — not after offer.
Completion stalls. The lender's solicitors won't certify title against a register that doesn't match the application, so funds are held until it's corrected. If that drags on, the offer and valuation can expire and the case may need re-underwriting. That's why A2Z checks the title position at enquiry stage and briefs the solicitors on what the lender will need, so the update runs in parallel rather than becoming a late-stage blocker.
Yes — most specialist buy-to-let lenders offer both interest-only and capital repayment to SPV borrowers. Capital repayment suits landlords who want to build equity in the asset and reduce the balance before the next refinance, which is how this case was structured: £180,000 on capital repayment, fixed at 3.29% for 2 years. Interest-only is the more common choice where monthly cash flow is the priority; the right answer depends on your portfolio plan.
Most buy-to-let lenders lend up to 75% LTV on standard residential stock; borrowing lower — as here, at 56% LTV — opens up sharper pricing and more lender choice. This North Finchley case secured 3.29% fixed for 2 years with a £23,400 annual rent covering the loan comfortably. Rates move regularly, so the figure on this page reflects the deal at completion rather than what's available today — but a strong rental yield and modest LTV consistently put a landlord in the best tier of pricing.