If you decide to buy property for your business, you will probably need a commercial mortgage. There are many reasons for buying commercial premises. For example, you may be starting or buying an existing business where the property is directly linked to the business, such as a hotel, a retail outlet or a takeaway. Or your company may be wishing to invest in residential or commercial property.
Either way, if you decide to buy premises you'll probably need to take out a commercial mortgage. Mortgages are usually for 15 years or more and the property itself is at risk if payments are not made on time.
Commercial mortgages can be used for a variety of purposes, such as:
We can offer a range of commercial mortgage services. For more information please click here