Mortgages for Business is committed to keeping both our staff and clients safe during the COVID-19 outbreak while maintaining the best service possible. Our teams are working from home, but don’t worry, you can still contact us in the usual ways.
To read our comprehensive FAQ guide on how the emergency interest rate reduction and Coronavirus outbreak could affect your mortgage, please click here.
If you want to request a payment holiday, please contact your lender directly. For lender contact details, click here.
Credit score, credit rating, credit profile, Experian, Equifax and TransUnion, who’s who, which is which and why bother? Consultant mortgage broker, Asad Kahn, explains the part that these agencies play when lenders are assessing your mortgage application.
We’re seeing an increase in Expats and Foreign Nationals investing in UK property; what’s attracting them and what are the benefits? This guide from Mortgages for Business’ Commercial Consultant, Asad Khan, aims to answer a lot of the frequently asked questions, particularly when it comes to commercial investments, and explain the processes involved when investing from outside of the UK.
Buildings consisting of shops and offices with flats above are typical examples of mixed-use properties. Both the commercial and the residential element can be let. But because there is a commercial element, these properties can’t be financed with a buy to let mortgage, as Asad Khan, expert commercial mortgage broker explains.
NB: ANY PROPERTY USED AS SECURITY, WHICH MAY INCLUDE YOUR HOME, MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE