Our Commercial Mortgage Service
We can provide commercial mortgages for all types of commercial and agricultural property. Usually, this type of finance is for property which your business trades from or it might be property that you rent out to other businesses.
It doesn't matter the size of your commercial property portfolio, we can help.
What Is A Commercial Mortgage?
Commercial mortgages are similar to those which you might have on your house. The difference is these types of properties are not one which you live in.
They maybe offices, industrial units, factories or agricultural buildings.
If you are purchasing a commercial building you will normally need a deposit, although not in all cases. The loan will be spread over an agreed period usually between 5 and 20 years.
It is possible to have the loan as full repayment, interest-only or a mix of the two.
Why use Commercial Mortgages?
Commercial Mortgages have the following benefits,
- Lets you spread the cost of the building over an agreed period.
- Depending on circumstances, usually one of the cheaper forms of finance.
- Can be interest only, full capital repayment or somewhere in between.
- Rates can be fixed or flexible.
- Term can be up to 25 years, although between 5 and 20 is the norm.
How we do it
By dealing with us directly, we make seeking the right funding deal for your business as quick and easy as possible. By cutting out the endless contact with multiple banks and finance providers, you can focus your attention where it belongs, on your business.
We will then put together the pros and cons of each offer to clearly outline the terms and conditions so you can be confident there are no hidden agendas.
Get In Touch
Main Office
Park Farm Hotel
Norwich Road
Hethersett
Norwich