With so many commercial mortgages in the market it can be tough to find the right lender for you. There are hundreds of commercial products on the market for dozens of different commercial needs and so it is important that you find a lender that can offer solutions to your specific requirements.
As the economy begins to recover, more and more people will be tempted by commercial property as an investment. However, whilst there are numerous positive reasons to choose commercial property as an investment, there are plenty of factors that you should bear in mind. Here are six things to think about if you are considering taking out a commercial mortgage to buy business premises.
Whilst noisy neighbours may be a big problem in residential areas, they can also be a problem for commercial properties. There are strict laws that prevent companies from having a negative impact on their local environment and so landlords looking to invest in commercial property need to be aware of the rules they have to adhere to.
The availability of commercial mortgages and business finance to the property sector is still limited according to a new report from a leading UK property company. Jones Lang LaSalle's 2011 Lenders' Expectations Report found that lenders expected to lend lower amounts in 2011 compared with 2010.
Commercial property auctions, however, work very differently to a standard property transaction. So, for buyers looking to bid in the auction room it is vital that they understand the specifics of the auction process. Our guide explains the main things auction buyers need to know.
High inflation in the UK has meant that the prospect of rising interest rates is back in the spotlight. Rises in fuel and food costs have pushed inflation further above the Governments target and the Bank of England is now under pressure to raise rates. So, with possible interest rate hikes on the horizon, is now the time to remortgage?
Getting on the property ladder can be tough. After ten years of house prices rising faster than wages, for many people buying has become less affordable. So, first time buyers have had to look for an even more imaginative way to buy their first home, sharing a mortgage!