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Commercial/Business remortgage
Loop
Posts: 2,717 Forumite
Hi, I need some advice.
My boyfriend needs to remortgage his business property, so he can remove the previous business partner (this has all been agreed legally)
His previous Mortgage was for £80,000 a couple of years ago (I am not sure how much is left). A similar property sold for £100k recently.
He doesnt want a 20yr mortgage, maybe 15?
He has a very good wage, great credit, and no bank loans etc on this business. Basically nothing outstanding. never been refused a mortgage, and he has a couple of other mortgages (one residential, one other business)
He has been to Natwest (his current bank) but the set up fees are big, for a new deal. He is waiting for his IFA to get back to him but in the meantime I said I will ask on here, cos I know you are all so helpful
What sort of deals are out there for commercial mortgages, and does anyone have any links? Google isnt very helpful!
My boyfriend needs to remortgage his business property, so he can remove the previous business partner (this has all been agreed legally)
His previous Mortgage was for £80,000 a couple of years ago (I am not sure how much is left). A similar property sold for £100k recently.
He doesnt want a 20yr mortgage, maybe 15?
He has a very good wage, great credit, and no bank loans etc on this business. Basically nothing outstanding. never been refused a mortgage, and he has a couple of other mortgages (one residential, one other business)
He has been to Natwest (his current bank) but the set up fees are big, for a new deal. He is waiting for his IFA to get back to him but in the meantime I said I will ask on here, cos I know you are all so helpful
What sort of deals are out there for commercial mortgages, and does anyone have any links? Google isnt very helpful!
:wall:Crazy Nutters Club Member 003 :wall:
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