A commercial mortgage is a particular type of business loan, where the funds lent are secured against a property. These mortgages can be secured against investment properties, in the case of buy to let rentals, or commercial properties intended to serve as a business premises.
There are many different types of commercial mortgages, with varying degrees of complexity. But if you’re new to the world of commercial mortgages, have no fear. We’re here to guide you through what can sometimes be a puzzling topic, and give you a helping hand to get that mortgage up and running.
Read on and we’ll explain all you need to know about commercial mortgages, from what you need to get one to how long it takes to receive that all-important offer. Ready? Then we’ll begin!