FAQs

Looking to purchase a small shop with flat above, what type of mortgage will we need?

My partner and I wish to buy a small shop with a flat above it - the two are connected via stairs. What sort of mortgage would we need to get for this type of investment? Any property with a commer...

How can I apply for a mortgage with you?

Give our mortgage broker team a call and let them help you. Most things can be done over the phone, via email and post. We’ll help you select the right mortgage and assist with the application. Mor...

Why should I use Mortgages for Business?

It can be hard to know exactly where to start when looking for a mortgage. Do you go to your bank, investigate the market for yourself or use a mortgage broker? The experience of applying for and g...

How do I keep track of my application?

We handle every application we receive within our own team so you can contact us for an update. As soon as we receive your application we assign a dedicated member of our mortgage team to your case...

Can lenders increase their tracker rate mortgages even if Bank Rate stays the same?

I read about the court case where borrowers tried unsuccessfully to overturn West Brom’s decision to raise its tracker rate mortgage rate even though the Bank of England base rate has not gone up....

If a property is bought specifically as a holiday let, is it a BTL mortgage or does it have to be a special holiday let mortgage?

If a property is bought specifically as a holiday let, is it a BTL mortgage or does it have to be a special holiday let mortgage?Finance for holiday lets are usually provided by lenders on a commer...

Do borrowers need a minimum income to invest in a holiday let? What about retired people?

Do borrowers need a minimum income to invest in a holiday let? What about retired people?If borrowing with a commercial mortgage the lender is unlikely to impose any minimum income requirements. If...

I know only a few lenders who accept holiday lets – why so few? How risky is it?

I know only a few lenders who accept holiday lets – why so few? How risky is it?Only a few lenders operate in this niche area because there is not huge demand. It is no more risky than any normal c...

You haven’t answered my question, what do I do now?

Give us a call and we’ll try to help.