A commercial mortgage is a loan specifically designed for purchasing or refinancing commercial properties such as offices, shops, restaurants, or other business premises. The loan is secured against the property, and the borrower repays it over an agreed period, often through regular monthly payments.
- Commercial Purchase: This refers to buying a commercial property using a commercial mortgage. Whether you're expanding your business or investing in a commercial property, this type of loan allows you to secure the necessary financing.
- Commercial Remortgage: If you already have a commercial mortgage, you can consider refinancing to improve your loan terms. A commercial remortgage may offer benefits like a lower interest rate, access to additional funds, or a longer repayment period, making it easier to manage your business’s finances.
If you’re looking to buy or refinance a commercial property, we’re here to help you explore the best options for your business needs.