Good Afternoon David, If the mortgage that you have taken the mortgage on for 177.000 is a commercial property then there are more avenues that the mortgage company can go down to retrieve the monies owed, but also at the same time more 'brick walls' that they come across too. When you are dealing with business property and possibly business debt it is the business that would be affected unless you have given an assurance that if all fails that 'a person/business partner' would be responsible for the debt. The best company to deal with this sort of query would be The Business Debt Line- They can be contacted on 0800 197 6026 Regards