Commercial Mortgages
If you are considering a commercial mortgage, you should be aware that
any mortgage lenders will take into account a number of factors to decide
your suitability as a borrower – these will be such things as your
business’s credit history and the financial stability of the business
in question.
Most lenders will also look at your personal credit rating (if you are
the listed owner of the business) as this will show up any financial problems
you may have had before with any previous businesses.
If you run a business then, depending on your trade, you may find that
a commercial mortgage is a necessity. For example, if you are buying a
public house or a hotel, where the property is tied to the business.
Commercial mortgages can also be used for other purposes, such as the
purchase of new business premises, residential and commercial investment
or raising finance for extending the current premises.
Even if your business is not tied to a property and you rent your business
premises, you may find it more cost effective to get a commercial mortgage
and buy premises. Not only could this save you money in the long term,
but also it will help your business, as you will have an asset.
So, if you are considering a commercial mortgage, providing you and your
business are judged to be credit worthy, organising a commercial mortgage
should be relatively straightforward. However, before applying for a particular
product, always check the terms and conditions for any restrictions on
the use of the property.
Mortgage
Directory |
Mortgages |
| Nationwide |
We are currently the second
largest online mortgage provider in the UK. We are one of the only
major mortgage providers with a full end-to-end online service,
providing a fully credit scored decision for successful applicants. |
|
| First Active |
At First Active, we've taken a fresh
approach to mortgages. We've made them easier to understand, easier
to arrange. No extended tie-ins - just the deal you sign-up for.
Our rates start low and stay competitive. And most importantly,
all our deals are open to everyone, not just new customers. So you
don't have to change mortgage companies every few years to get the
best deal. Our fixed rate mortgages offer great rates and fixed
payments – so you get the best of both worlds. And our discount
mortgages offer you our lowest possible variable rates for a set
period. Simple. Easy to open. Good value. That’s the way mortgages
are meant to be. |
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| West Brom Building Society |
A wide range of mortgage products to
suit different individual needs all of which can be applied for
online. |
|
Adverse Credit Mortgages |
| Enable Finance |
Enable Finance specialise in providing
adverse credit re-mortgages to people looking to unlock cash tied
up in their home but have current or previous credit issues including
a poor credit history such as CCJ's & mortgage arrears. We have
a wide range of re-mortgages and can lend to applicants even without
proof of income. |
|
Commercial Mortgages |
| B2B Mortgages |
B2B mortgages are specialists in sourcing
Commercial Mortgages for sole traders, partnerships, limited companies
and investors. We search all lenders available for the lowest possible
rates. |
|
| Simply Business |
Whatever your financial situation and
need, Decision Finance endeavours to help you secure funding. We
work with the leading providers for each financial product and provide
you relevant, free quotes, most of them instantly. |
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