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Types of Mortgages & Transactions:There are different types of mortgages available. This is to suit many different situations / lifestyle requirements. These are some of the most popular mortgages explained. Click on the type for more of an explanation: Repayment | Interest Only | 100% Mortgages | Remortgage | Buy to Let | Commercial A commercial mortgage can sometimes be a necessity when entering into a business, for example when buying a business that is tied to a property such as a hotel. In such cases, unless you have the capital to cover the purchase cost, you will require a commercial mortgage to finance the buying of the business premises. Commercial mortgages can be used for a number of applications, such as the purchase of new business premises, raising finance for extending current premises, residential and commercial investment as well as funding property development. Provided that you and your business are judged to be credit worthy, organising a commercial mortgage should be relatively straightforward, but you should be aware that some lenders will place restrictions on the uses of properties funded through them. |
Your property may be repossessed if you do not keep up repayments on your mortgage.For mortgage advice you can choose how we are paid: pay a fee, usually 1% of the loan amount or we can accept commission from the lender Commercial morgages are not regulated by the FSA or arranged via Sesame. Sesame is entered on the FSA register (www.fsa.gov.uk/register) under reference 150427. The advice and / or guidance contained within this site is subject to the UK regulatory regime and is therefore restricted to consumers within the UK |