Frequently Asked Questions

A VAT bridging loan is a short-term loan used to fund the VAT due on a VAT-registered commercial property purchase. It covers the VAT payable on completion and is repaid once the VAT is reclaimed from HMRC, helping preserve business cash flow during the reclaim period.

Yes, consultations can be provided remotely. Remote consultations allow clients to receive advice and case management without attending in person, using phone or video calls. This approach offers flexibility, speed, and full access to specialist support regardless of location within the UK.

Yes, a bridging loan can be used to fund a property deposit. It is typically secured against another property you already own, not the purchase itself, and repaid when that property is sold or refinanced. This allows buyers to proceed quickly without waiting for a sale to complete.

Redeem a mortgage means to repay a mortgage in full so the loan is closed and the lender’s legal charge is removed from the property. This usually happens when the property is sold, the mortgage is refinanced with a new lender, or the borrower repays the balance using cash or other funding.

A portfolio landlord mortgage applies when a borrower owns four or more mortgaged buy to let properties. Lenders assess affordability and risk across the entire portfolio, reviewing total borrowing, rental income, loan-to-value levels, and exposure to interest rate stress rather than assessing the new mortgage on its own.

Yes. A personal guarantee normally ends once the property is sold and the mortgage is repaid in full. When the debt is fully cleared, the associated personal guarantee typically falls away at the same time.

In the UK, a borrower is classed as a portfolio landlord once they own four or more mortgaged buy to let properties. At this threshold, lenders apply portfolio landlord rules, including enhanced underwriting, portfolio stress testing, and assessment of overall portfolio Loan to Value (LTV).

In the UK, a portfolio is considered to be four or more mortgaged buy to let properties held by the same borrower or legal entity. Once this level is reached, lenders apply portfolio landlord criteria, including portfolio-level affordability assessment, stress testing, and overall Loan to Value (LTV) evaluation.

Yes, it is possible to have multiple mortgages in the UK across residential, buy to let, and commercial property. Residential borrowing is limited by personal income, buy to let lending is assessed using rental stress testing rather than borrower income, and commercial mortgages are assessed on asset income and risk.

Yes, most UK lenders allow a mortgage product fee to be added to the mortgage balance rather than paid upfront. When added to the loan, the fee accrues interest over the full mortgage term, increasing the total amount repaid compared with paying the fee at completion.

Yes, 90% loan-to-value commercial mortgages are possible, but only in limited sectors such as healthcare properties, pharmacies, or certain convenience stores with strong trading history. For most other commercial properties, maximum lending is typically capped at around 70% to 75% LTV.

Yes, you can get a mortgage for a guest house in the UK, but it is typically arranged as a commercial mortgage rather than a residential loan. Lenders assess trading performance, valuation method, property use, and affordability, with loan-to-value limits usually capped at around 70% to 75%.

Yes, you can get a mortgage on a hotel in the UK, but it is structured as a commercial mortgage rather than a residential loan. Lenders assess trading performance, valuation method, property use, and business sustainability, with loan-to-value limits typically around 60% to 75%.

The minimum deposit for a bed and breakfast mortgage in the UK is typically 25% to 30% of the purchase price. This reflects common loan-to-value limits of 70% to 75%, with the exact deposit depending on trading history, valuation method, and lender criteria.

A business mortgage, also known as a commercial mortgage, is secured against property used for business purposes. Lenders assess trading accounts, deposit size, affordability, and property suitability. Deposits typically start from 20 – 30%.

Commercial mortgages typically require a deposit of 20–30% of the property value, although higher-risk cases may require more.

Commercial mortgage rates vary based on risk, property type, and borrower strength. They are individually priced and are generally higher than standard residential mortgage rates.

Commercial lending refers to loans secured against property used for business purposes, such as offices, retail units, or industrial premises. Terms, rates, and deposits are individually assessed and typically differ from residential mortgages.