Applying for a commercial mortgage is fundamentally the same as applying for a residential one, some of the questions may be a little different, but the answers need to be broadly the same. It will come down to questions about the security you are offering for the loan, your credit rating and how long you …
A fast commercial mortgage is easy to get but be prepared to pay a little extra. Competition among financial organisations and banks is the main factor that in recent times has led to commercial mortgages becoming much easier to obtain. Difficulties traditionally associated with a poor credit history once meant that an application for a commercial mortgage might well …
There are an estimated 5.2 million commercial properties with in the UK with the total size of the retail, office and industrial stock presently estimated to be over £610 billion. It may surprise you to find out that 52% of these commercial properties are investment stock. The remainder are obviously owned by owner-occupiers, mostly using …