Postal Address
1st Business Finance
P.O. Box 108
Chard
Somerset
TA20 9AY
0845 226 3072
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Commercial Mortgages
Commercial Mortgages are loans that are secured on commercial property such as shops, business premises, warehouses, factories, workshops, garages, hospitals and schools.
As with a residential mortgage, the commercial lender will hold the title deeds to the property as security. In the event of arrears the mortgage lender can repossess the commercial property.
A business owner who wants to fund his/her premises may use a Commercial Mortgage, this type of commercial mortgage is called ‘owner occupied’.
A Landlord can ‘buy to let commercial’ that is to say the landlord can purchase a commercial property solely for investment purposes and rely on the rental income to cover the mortgage and provide a profit.
why not take few minutes to complete our enquiry form and we will provide you with the best mortgage deals for your business. |
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