UK Landlord Forum / Life

I own the freehold of a property that is mortgage free, the groundfloor takeaway is on a long term lease,providing a modest established rental income. Planning permission in place for 1st & 2nd floors to contain 4 flats, previously rented out as offices.Trying to find how to finance/mortgage this project. I want to find out also if there are any grants available (housing association finance?) The property is in Staffordshire. This project will cost considerably more than anticipated due to new fire and insulation regs becoming stiffer, also services reconection charges are substantial.
Any advice would be greatly appreciated,

I have a commercial property myself. Lenders hate helping us out. I am told the Natwest are good to try.

Thankyou for your recommendation, I will try that, I Appreciate your thoughts.

There are banks out there that will help - what about getting a broker to find you a deal, might cost a few quid but could be worth it. Or even if you know a friendly local bank manager (maybe your own personal bank?) sit down for a coffee, have a chat, they might be happy to fund and if not will give you some pointers I'm sure

Good luck

Thank you, I will try that also

Went to the Natwest myself
They say things have changed a lot. I could have guessed that one.
If you go to the business team rather than mortgages with a doozey of a business plan then you stand a chance.