Commercial mortgages offer attractive rates of interest.
brings over 20 years of experience and expertise in the field as an independent funding organisation arranging long term loans for businesses large and small. Being independent means that we are not tied to any particular lender and therefore can offer our clients attractive financing options from a broad range of different lenders.
A commercial mortgage is secured by the lender taking a charge over the freehold property being financed and is an excellent option for a client to consider because it is long term funding usually at an attractive rate of interest.
Freehold gives complete ownership of the land and all the buildings on it. A freehold gives the owner the right to do as they like with their property, subject to the law and planning controls.
Any property that is freehold is likely to be more valuable due to the fact that unlike leasehold property, which has a range of conditions and terms attached to it, freehold property indicates ownership rather than lease.
When compared to other types of commercial lending, a commercial mortgage generally has a longer term - between 15 and 25 years. This type of mortgage arrangement is ideal for the purchase of new business premises or for refinancing an existing business property.
Commercial mortgages offer many advantages.
As stand alone products, commercial loans do not interfere with other business banking arrangements
Excellent for buying or refinancing freehold business premises and commercial properties
Long term (15-25 years) funding solutions at an attractive rate of interest
When this type of lending is arranged for our clients, the advantage is it does not interfere with the client's other day to day business banking arrangements. Our client's existing banking arrangements such as overdraft, leasing and factoring arrangements as well as other types of business lending are kept intact and remain uneffected by the commercial lending arrangement that is put in place for the new loan.
In addition their is no brokerage fee which means a competitive advantage.
does not charge a brokerage fee. In the DIY Funding Pack, we provide our clients with everything they need to successfully apply for a mortgage. This includes our lending contacts as well as our expertise. The only cost to the client is the DIY Funding Pack we send them. This results in thousands of pounds saved.
