Buy to Let Mortgages for Flat Above Shop
Our Buy to Let Mortgage Service
Why choose us?
Fair Mortgages can provide you with a first class service if you are looking for buy to let mortgage advice on flats above commercial properties.
Special features of what we offer include:
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Whole of market broker - We deal with most UK buy to let lenders
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Rates - Access to leading buy to let market rates
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Exclusives - Access to exclusive buy to let mortgage deals not available on the high street
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Our buy to let expertise - Expert help whether you are a first time investor or experienced full time landlord
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Credit issues? - We have lenders who will take into account previous defaults and missed payments
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Experienced buy to let investor? - Have a complex buy to let or have a portfolio of 5+ properties? - speak to us
To investigate your buy to let mortgage options call our specialist team on 0117 403 4474 or fill in our call back form.
Buy to Let Mortgages for Flat Above Shop
Finding a suitable buy to let mortgage deal that suits your property needs can be a demanding process, and it gets no easier when you’re looking for a buy to let mortgage for a flat above a shop.
Whilst a quick search for mortgage deals on these properties seems to suggest that flats above commercial premises falls short of mainstream lenders criteria, all hope is not lost if you are an investor in this area.
There are now many specialist lenders who are willing to grant buy to let mortgages for flats above shops and commercial premises, although they are only available through independent intermediaries such as us.
What are lenders likely to look at when evaluating my application?
Similar to any buy to let property, both location and property value are likely to be looked at by lenders when deciding whether to offer you a loan. Lenders will want to be assured that your flat is in a popular area for renters to reduce the risk of empty tenancies.
Lenders are also likely to take into account the type of tradethat is being carried out in the premises below. Flats above shops with associated smells/chemicals/inflammables etc., are likely to be more difficult to obtain a buy to let mortgage deal for.
Despite this, there are still a number of lenders who are willing to offer buy to let mortgage deals to these types of properties, so it is worth gaining advice from an independent financial adviser or mortgage broker to fully analyse your options.
How can we help?
If you’re thinking about getting a buy to let mortgage for a flat above a shop, we can assist. We have a team of specialist buy to let advisers, experienced in finding investors the best deals on their buy to let mortgages.
In addition to offering you expert advice, we have access to a range of exclusive buy to let mortgage deals not available on the high street.
For any advice on finance for purchasing properties above commercial premises’, please call our buy to let mortgage advisory team or fill in our form to request a call back.