Above Commercial Mortgages

Above Commercial Mortgages - Above commercial mortgages refers to mortgages designed for those seeking to purchase a property above a commercial enterprise, ranging from pubs to newsagents. Above commercial mortgages are a bespoke area of mortgage lending given most lenders are not prepared to offer mortgages on flats above shops. This tough criteria for lending has already been heightened by the credit crunch.

Above commercial mortgages, although not common can be arranged and these properties are often within premises that are well positioned often on the high street and accessible to utilities and transport links. Flats above commercial mortgages can make good value homes and an ideal investment.

We are able to place these properties with above commercial mortgage lenders but often these forms of application require a degree of negotiation with the lenders and their underwriters. This is where our expertise can be essential. We have built up strong relationships with leading above commercial mortgages providers. We know our lender’s criteria and we often know the local valuer. We will speak to the valuer prior to any application to ascertain whether the actual flat above the shop meets the lender’s specific mortgage criteria, this will save you and us, both time and money. We also conduct a full fact find on all clients to ensure we find them the best rate, lender and time for their circumstances.

We offer a personalised and bespoke service to all our clients. We guarantee to fill in all relevant documentation within your time constraints as well as updating you on your above commercial mortgages application. We can also provide advice on which mortgage rate type and repayment method is the most suitable for your needs.

If you need any assistance why not speak to one of our Mortgage Advisers by calling 0845 3 630 430 or Enquiry Online.

Call us today for more information on above commercial mortgages. We look forward to taking your call.