We own a house, self catering annex, shepherds huts and caravan site - can we get an interest only mortgage. I have 75k salary / pension. Better half 18k. Turnover of business 25k. Thanks, Bob
Ask the Specialist response:
Hi Bob,
Thanks for your enquiry.
Typically we assist many clients in similar situations who are looking for a mortgage on a property which they reside in, however, have outbuildings which they use for commercial activity. This is a challenge in the mortgage market, especially if pensions are involved, however, as long as 40% of the overall land space is used personally this is something we can consider.
If you wish to obtain an indication on whether we are able to assist you, given your specific circumstances, I'd recommend speaking to one of our Advisers on 02077100400 or send us an enquiry online and one of our Advisers will call you back.
Capital Fortune
