What type of properties can you buy with commercial finance
Commercial finance is flexible and designed to cover the cost of buying or remortgaging an array of commercial properties, for example:
- Office building
- Hotels and guest houses
- Care homes
- Sporting clubs
There are also mortgages for semi-commercial properties, which could be a shop with a residential flat above it, for example.
What are the benefits of a commercial mortgage?
Better interest rates
Commercial property mortgages tend to have lower interest rates when compared against other loan types. They also allow businesses to forecast cashflow more accurately due to their fixed monthly payments.
An asset on the books
Similarly, by purchasing the property in which it operates, a business gains an asset for its balance sheet. When renting property, the business merely pays off someone else’s mortgage with nothing to show for it.
There are potential income gains too, as properties bought by the business may have surplus space or land which can be let for income.
Capital gains advantages
Property tends to rise in value over time, so by securing a commercial mortgage, the client can invest in an asset which is likely to grow – building its capital position in the process.
When a business rents it property it lacks control over the way that it can use, maintain and present that building to its staff, customers and other stakeholders. But when it buys that property, it can gain that control.
Serving customers all over the UK
Hank Zarihs Associates works across the entire of the UK, providing a top-quality brokerage service to individuals, landlords, investors and companies looking for commercial mortgages.
We provide access to financial products for all kinds of property, asset and business finance, according to each client’s needs, and we work on a long-term relationship business; often securing ongoing finance deals for our clients over time as their projects and ambitions evolve.
To find out how we can help today!
Our team are on hand to offer you the advice and brokerage service that you need for rapid access to the best commercial mortgage deals on the market. We only need to take basic information to submit to our lending panel for their consideration and we can return tailored deals to you within the hour.
Once you have chosen your preferred mortgage, simply instruct us to take the process forward for you. We handle the administration and the hard work so that your chosen finance can be arranged quickly, efficiently and without any hassle; allowing you to focus on your property portfolio.