Live/work units are more difficult to secure mortgages on because the proportion of the property given over to commercial use is typically much higher. However, they are a growing trend and lenders have to adapt. Halifax, for instance, says it is happy to lend on live/work units on a case by case basis.
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This quote is just one of 4 total Nick Gardner quotes in our collection. Nick Gardner is known for saying 'Live/work units are more difficult to secure mortgages on because the proportion of the property given over to commercial use is typically much higher. However, they are a growing trend and lenders have to adapt. Halifax, for instance, says it is happy to lend on live/work units on a case by case basis.' as well as some of the following quotes.
Live/work units are more difficult to secure mortgages on because the proportion of the property given over to commercial use is typically much higher. However, they are a growing trend and lenders have to adapt. Halifax, for instance, says it is happy to lend on live/work units on a case by case basis.
Landlords are very bullish because they know there is still strong demand for rented accommodation. This stems from aspiring first-time buyers who cannot afford to enter the market.
This quote is just one of 4 total Nick Gardner quotes in our collection. Nick Gardner is known for saying 'Live/work units are more difficult to secure mortgages on because the proportion of the property given over to commercial use is typically much higher. However, they are a growing trend and lenders have to adapt. Halifax, for instance, says it is happy to lend on live/work units on a case by case basis.' as well as some of the following quotes.