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ABOUT THE AUTHOR
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Fatima graduated with a Bachelor's degree in Economics from ColumbiaUniversity and received a Masters in Economics from Singapore NationalUniversity. Fatima comes from a political background, her father Mir MurtazaBhutto - an elected member of Pakistan's parliament - was assassinated bystate police in 1996. His sister, Benazir Bhutto, was Prime Minister at thetime of his killing. Fatima is the author of two books, understanding thefinancial system published when she was 15 years old and basics of debtmanagement. Both were published by Oxford University Press.Fatima currently writes a weekly column for Pakistan's largest Urdudaily newspaper, Daily Jang, and its English sister paper, The NewsInternational. Recently She has completed her MBA in Finance from HarvardUniversity in 2006. Her diary from Tehran is the second the papersprinted; Fatima also wrote a weekly diary from Lebanon .
 
How Easy is It to Get a UK CommercialMortgage?FATIMA BHUTTONo matter what kind of mortgage youapply for, whether it's a commercialmortgage or a residential type of mortgage, you will find that great creditand good collateral will make it easier andmore cost effective when it comes to theapplication process. But if your credit isnot ideal, or even if you are planning onbuying property in a bad part of town,you still may be able to get the financingthat you require. lenders are much moreflexible and willing to work with you thesedays. Your credit score, how your business isdoing, your reason for getting a loan, thespecifics of your property location and the
 
appraisal amounts will be taken intoconsideration when you are trying to geta commercial mortgage. If all of thesethings do not meet the requirements of the lender, you could go through thewhole application process numeroustimes only to be rejected for financingeach time.Every lender will have a different set of conditions that you will need to meet toget approved. But finding the rightlenders and applying to a number of themeach with different application forms canbe very time consuming and confusing.Instead consider using an independentcommercial Mortagage broker. This is byfar the easiest and most cost effectiveway of securing a commercial mortgage. Your broker will be your representative
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