Property Advice

Applying for a mortgage when you have a portfolio of properties is very different to borrowing for a home you plan to live in. Among other things, you’ll need evidence of your other income, a business plan and cashflow forecasts. To speed up the process, it helps if you gather all the necessary paperwork beforehand. Mortgages for Business have put together this checklist so don’t miss anything vital.

As you will know not all mortgages are the same so you need to find the right one to suit you and one of the best ways to do this is to work closely with a mortgage broker than knows which lenders to approach and while will meet the criteria you need, as well as hopefully offer a suitable mortgage rate. Getting the right mortgage is a key step to securing your first or next property, so read this checklist to make sure you know what questions you need to ask.