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Semi-Commercial or Residential Mortgage

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marieking3
marieking3 Posts: 6 Forumite
in Mortgages & endowments
Hi I'm looking at buying a freehold flat with a shop below but am not sure about what kind of mortgage I'd need to purchase.

The shop is rented out and I'd be looking to keep the current business in there for the time being, while I live in the flat above. The plan is to start my own business in there at some point in the future.

All of the commercial mortgages I've looked at ask for business turnover, but I don't actually own a business at this stage!

Would I be able to buy using a normal residential mortgage, which I pay back using my current salary?

Advice would be greatly appreciated please!

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