£2.4m mortgage advice needed..

[Golfman]

In the current climate what would be the minimum deposit needed for a £2.4m mortgage. And approximately the minimum initial monthly payments possible. For a property that is both commercial and residential. Only guidelines needed at this early stage. Thanks.

[rich1231]

6.69% if you are extremely lucky at the moment.. 20% deposit min.

just under 11k a month io

[Golfman]

rich1231 said:

6.69% if you are extremely lucky at the moment.. 20% deposit min.

just under 11k a month io

Hi Rich, what bank is offering that deal? Thanks.

[rich1231]

Golfman said:

rich1231 said:

6.69% if you are extremely lucky at the moment.. 20% deposit min.

just under 11k a month io

Hi Rich, what bank is offering that deal? Thanks.

You need to speak to to an IFA, Mortgage broker, I texted mine with your requirement, he replied with those figures, apart fromt he monthly payment which you can do in your head.

[M400 NBL]

rich1231 said:

Golfman said:

rich1231 said:

6.69% if you are extremely lucky at the moment.. 20% deposit min.

just under 11k a month io

Hi Rich, what bank is offering that deal? Thanks.

You need to speak to to an IFA, Mortgage broker, I texted mine with your requirement, he replied with those figures, apart fromt he monthly payment which you can do in your head.

Very kind of you and your IFA to help

[johnnywb]

I think your biggest issue will be finding a lender. They're out there, you just need to find them and meet the criteria!

[Golfman]

johnnywb said:

I think your biggest issue will be finding a lender. They're out there, you just need to find them and meet the criteria!

I agree, thats why I thought I would get some basic guidelines first to see if could possibly match the criteria before wasting anyones time. I think I could possibly do it at a push!

[Podie]

Try PM'ing scotal

[Obiwonkeyblokey]

buying a golf club?

[Golfman]

Obiwonkeyblokey said:

buying a golf club?

Not yet!

[Adam T]

Golfman said:

johnnywb said:

I think your biggest issue will be finding a lender. They're out there, you just need to find them and meet the criteria!

I agree, thats why I thought I would get some basic guidelines first to see if could possibly match the criteria before wasting anyones time. I think I could possibly do it at a push!

Have you not approached your current banks commecial sector/office in the city. Found out mine do some really nice tea and coffee along with some really scrumtious shortbread. well worth the visit.