It can help you plan your development in a manageable and affordable way.
type of service
A commercial mortgage is any mortgage secured on property which is not your residence. Buy to let mortgages are a special type of high volume commercial mortgage which is packaged for a volume market.
But since almost every other kind of premises are different, each mortgage has to be assessed individually and priced according to the risk.
Benefits of a Commercial Mortgage
Lower interest rates
Commercial property mortgages typically have lower interest rates than other unsecured borrowing. Choosing to have fixed monthly repayments means you can accurately use them in your business planning and forecasting, enabling you to structure the finance of your business with a bit more certainty.