From today (11 October) we are improving the price on three of our standard residential fixed rates.
Miss R wanted to raise £800k on her unencumbered residential property to purchase a business premises outright, adjacent to the one she already owns.
There is sufficient net profit in the business to support the borrowing despite the drawings being lower on her SA302.
So, Miss R turned to us for help.
If you have clients in a similar position to Miss R and you would like to discuss remortgaging for a commercial purpose, please get in touch with us.
Our Intermediary Helpdesk is open Monday to Friday 9.00am until 5.00pm. Call us on 01635 918000 or email us.