If you are looking to purchase or remortgage a property which has a residential and commercial element to it, then you will require a semi-commercial mortgage. Typical examples of these types of properties include a shop with a flat above; or guest house, pub or boarding kennels with a self-contained residential living area.
Due to this type of funding falling under the commercial mortgage umbrella, we will need to assess more than your income and affordability when considering your application. In most cases, a business plan and accounts will also need to be provided. Most products require you to have at least a 25% deposit but we can help you to secure 100% of the property value with additional security.
Lenders criteria and appetite vary greatly depending on the property type, business type and location. To avoid you experiencing the run-around from lenders, our team of experienced Commercial Mortgage Brokers can talk you through which products are suited to your individual circumstances, to ensure you get the best deal. Funding can be arranged for a wide range of client profiles including individuals, limited companies, partnerships, expats and experienced property investors.
We compare every lender in the marketplace, which means we can access lenders who only deal directly with qualified advisers.
Our qualified advisers are salaried, so you can be sure that you are receiving the best impartial advice.
We promise that you won’t be passed from pillar to post. One of our qualified advisers will deal with your application from start to finish.
Your initial consultation is completely free. We will only charge you a fee if you decide to proceed with your application.