Commercial mortgage overview
Commercial mortgages are business loans secured on commercial premises for example; offices, retail premises, industrial units, hotels, workshops and garages, amongst many more.
Mortgages are typically for between 10 and 20 years or more in length, during which period the lender will retain a legal claim over the property. Given the length of a typical commercial mortgage, also consider the possible impact on your cashflow.
In recent years many specialist commercial lenders have entered the UK market, alongside established banks and building societies. With over 50 commercial lenders to choose from, finding the right mortgage for your business can be difficult.
Here at Touch, we work with a carefully selected panel of lenders, so you no longer have to search for the best deal, because we’ll do that for you. By using our free service, our experienced mortgage consultants will work with you to ascertain what your business really needs and then introduce you to the most appropriate lender.
