Commercial mortgages are mortgage loans that are taken out, not to purchase a residential property, but for a building that is to be used for business or commercial purposes. In specific cases, where the business and property may be linked and sold together, a commercial mortgage loan is normally used. Examples include a pub or a restaurant.

Often with a commercial mortgage, an arrangement fee of around 1% of the mortgage will be charged with a guarantee for the commercial mortgage needing to be established. This could be the commercial property itself, or another business Asset.

The arrangement of a commercial mortgage can sometimes be used to help to fund further business activities and/or land investment finance amongst other things.

Fehnert Financial Services Ltd will be able to advise you about the best options available for your commercial and business mortgages. Speak to our mortgage specialists now or email them your query.