We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Commercial Mortgage ...
cardtrick
Posts: 20 Forumite
Hi... I'm buying a cafe and flat on a commercial mortgage with one ccj 5 years ago. Is 9.9% a to high a rate?
Thanks ......;)
Thanks ......;)
0
Comments
-
it's not a low rate, what are the figures? Deposit, loan, value etc and who is being quoted as the lender?
have you approached a broker, a "specialist" in commercial finance or a bank directly?Happily an ex mortgage broker!0 -
Do you have accounts? What loan to value are you borrowing? How much was the ccj for and is it paid off? All of that would have a bearing on whether your quoted rate is "reasonable" for the circumstances.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 353.6K Banking & Borrowing
- 254.2K Reduce Debt & Boost Income
- 455.1K Spending & Discounts
- 246.7K Work, Benefits & Business
- 603.1K Mortgages, Homes & Bills
- 178.1K Life & Family
- 260.7K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards