Commercial and Business Mortgages
A commercial mortgage is probably the best way to finance the purchase of buildings and land for business purposes. It provides the most flexible and affordable finance solution.
Mortgage loans of this type are tailor-made for purchasing any commercial property used for business purposes including shops, factories, offices and warehouses. Commercial mortgages can also be used for taking over an existing business, purchasing a brand new building or buying land.
Although they often come with higher interest rates and more variables than residential mortgages, commercial mortgages are more flexible and can carry extra incentives for borrowers. As with Residential Mortgages, the lender providing a commercial mortgage has a legal claim over the property until the loan has been fully repaid.
Despite the financial problems with many Banks, commercial mortgages are still available, although they are more difficult to acquire than in the past. That is why Independent Mortgage Advice is more important than ever.
We have access to experienced, professional commercial lenders and we are here to advise you on your options, We will research the market, identify the lowest rates available and then complete any applications that you wish to proceed with. Let us find the best loan that suits your needs.
