COMMERCIAL MORTGAGES

Commercial mortgages are aimed at businesses that want to buy their current premises, fund business growth or refinance their existing premises. Many businesses find a commercial mortgage attractive if they want to simply free-up money for new business activities or buy land for investment.

An 85% mortgage can be obtained so long as there is enough equity to secure a commercial mortgage and that any adverse credit history can be accounted for. Commercial Interest rates are usualy higher than traditional mortgages and due to asset appreciation, the value of the premises is likely to increase over the set mortgage period. You can also fix your mortgage repayments so that you know exactly how much your mortgage expendature will be each month.

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