Commercial mortgages overview

Commercial mortgages help achieve your organisation's property aims - including constructing a new building, engineering a move to new premises, or funding expansion and modification programmes.

Generally there are 2 profiles that describe commercial mortgages:

• Owner-occupier commercial mortgage, where you borrow money to buy the business property and/or land for business operations.
• Commercial mortgage for investment purposes where you borrow money to buy the property/land to rent out.
  

Businesses can also take advantage of tax allowances, by claiming back some of the costs associated with a commercial mortgage.

There are many different kinds of mortgages for commercial properties, ranging from capital repayment, interest only fixed, discount or variable, just as there are for residential mortgages. Please contact one of the Barket Financial Management team to find out more about the options to best suit your requirements and circumstances.

Unlike residential mortgages, the interest rates for commercial mortgages tend to be higher as business lending is perceived as more of a risk. The rates will vary depending on the circumstances of your business, but generally speaking, the higher the risk, the higher the interest rate; for the same reason, repayment terms also tend to be shorter than residential mortgages.

For more information about the two standard types of commercial mortgages, please click one of the links below:

      Capital repayment mortgages
      Commercial interest only mortgages

There are a number of other mortgage product types for commercial mortgages, please call Barket Financial Management to discuss the different product options available.

Need more help or advice?
Barket Financial Management will guide and help you find the best products and services to suit your requirements and circumstances. To discuss your options in more detail, please call one of our friendly team on +44 (0)1582 482333 or complete an online enquiry here.