Commercial mortgages
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Commercial mortgages are loans for the purchase of a property that is to be used for business purposes. This could be for office, shops or a warehouse and can also apply to the purchase of land to be used to build a business premises.
Commercial mortgages are mortgages that are usually secured against commercial properties. Typically these mortgages charge a higher rate of interest because lenders judge that there is a higher degree of risk associated with them.
Related Articles
Commercial mortgagesA commercial mortgage is a loan taken out to help fund the purchase of land or buildings that will be used for business purposes. |
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Santander launches Newbuy mortgagesSantander has unveiled a range of NewBuy mortgages designed to help borrowers trying to get their first step on the property ladder. |
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Santander reveals new first time buyer mortgagesSantander has unveiled a range of first time buyer mortgages, aimed at helping people take their first step on the property ladder. |
Commercial policy documentation upgraded by AvivaAviva has announced it has improved its policy documentation to make it more customer-friendly and extend its cover. |
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Number of mortgages 'doubled in the past three years'Mortgage availability has almost doubled in the three years since the Bank of England base rate was first cut to its record 0.5 per cent low, new figures show. |
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