Whether you require premises for your business, or a property to let to commercial tenants as a landlord, we can help you secure the ideal mortgage…
Commercial mortgage interest rates currently start at 3% above the Bank of England base rate per annum and our minimum term is just 5 years.
Get in touch now to see how much we could save you…
We will help you secure a great interest rate for your commercial mortgage, to help you maximise your profit.
Get in touch today to see how much you could save:
At present, commercial mortgage rates can be from a minimum of 3% above the Bank of England base rate per annum.
At most, commercial rates can go up to 13% per annum.
The first factor that will affect the type of commercial mortgage rates we will investigate for you is your 'security property'. The property you are securing the mortgage against.
A premises that has both business and residential elements, will commonly be eligible for lower rates than a property for purely commercial use.
Other factors that will affect the rate are:
Commercial mortgage rates can be fixed, tracker, or variable. Fixed commercial rates ensure that you know how much your monthly mortgage payments will be. Tracker rates are commonly tied to the Bank of England Base Rate. Variable commercial rates are tied to the lenders Standard Variable Rate and can vary, based on commercial decisions made by the lender.