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Guest The Pom Queen

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Guest The Pom Queen

A quick question how easy is it to get a mortgage on a business property that also has a residential house? Do you have to jump through more hoops?

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Hey TPQ

 

In a nutshell yes pretty much.

 

Generally this would have to be done via commercial lending and loan to value ratios, loan terms and conditions etc are usually more restrictive.

 

That said there may be 1 or 2 lenders that offer some more flexibility than others in this area but certainly not as flexibile as just a residential property.

 

HTH

 

Andy

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