Prepare the file
Mortgage on a flat above commercial premises
A flat over a closed office is not the same as a flat over a takeaway. The use, the extraction and the lease of the flat are the file.
What this page will not do
- A semi-commercial property, where you are buying both units, is a different page.
- Vacant commercial space is not automatically 'no problem'.
- It will not name a lender, a product, or an approval chance.
Questions
- Are flats above shops unmortgageable?
- No. Nor are they all straightforward. The use below is why the question exists.
- I am buying the shop and the flat. Which page?
- The semi-commercial page.
MortgageConnector provides free mortgage research and calculators. If you want personalised advice, we can introduce you to an FCA-authorised mortgage broker. We do not provide regulated mortgage advice ourselves.
The matching service is free for you. Partner brokers pay MortgageConnector for introductions. If you ask for an introduction, the details you submit are shared with the selected partner. The broker is responsible for regulated advice. Check the firm on the FCA Register.
Your home may be repossessed if you do not keep up repayments on your mortgage.
Want a broker to look at your own numbers?
An FCA-authorised broker can look at your income, credit and the property. MortgageConnector will introduce you. We do not recommend a mortgage.
Speak to a broker experienced with flats above shops