Any employee of a business, including directors. The business can be a limited company, a limited liability partnership, a partnership, a charity or a sole trader. However, sole traders or equity partners or members cannot be the life assured. 'Salaried' partners (those who are not being taxed on trading income) can be covered.
There are many things to take into consider and I would advise calling us so we can find out more about your situation and give you more targeted answers. But as a brief outline,
some of the factors you need to take into account are:
Buying a property on your own it stressful enough – so when it comes to joint mortgages – you want to know how best to make it work.
When applying for a joint residential mortgage, it’s vital to not only get a competitive interest rate but also to find a product that suits your lifestyle and needs.
Here are some things to take into consider:
Commercial investment mortgages are designed for individuals and companies purchasing a business property as an asset, profiting from rents and property value appreciation.
The minimum requirement for a buy-to-let mortgage is usually a 15% deposit, although you may need a 40% deposit to secure access to the very lowest interest rates. Best to speak to us as this is always changing depending on the market.
Remortgaging/Mortgaging can be complicated so it is not advisable to do it yourself on the internet. It always pays to use the services of a professional mortgage broker to ensure that you are not paying more than necessary.