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The next one is from bobcb, ground rent mortgage.
Who will lend the full cost of a freehold purchase with the loan serviced from ground
rents receivable? Yield is 4.7 percent.
It's quite a specialist question and it will take a specialist to answer really.
What you'll need to do is certainly get a bank loan, it's not something you can mortgage
in the normal way - with a high street lender.
So, I would go to see my bank first of all and see what they suggest and also take independent
advice from somebody who specialises in commercial mortgages, as opposed to residential because
in effect you're running this, by the sounds of it, as a business.
So, it's a specialist lender in that sector that you'll have to seek out.
Good luck with it, any queries let me know. I can certainly put you in touch with somebody.