Commercial mortgages

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.

	Commercial mortgages A commercial mortgage is a loan taken out to help fund the purchase of land or buildings that will be used for business purposes.
	Commercial policy documentation upgraded by Aviva Aviva has announced it has improved its policy documentation to make it more customer-friendly and extend its cover.
	LV= cuts rates on lifetime mortgages An interest rate cut has been announced for the lifetime mortgages offered by equity specialist LV=.
	HSBC launch new mortgages for first-time buyers HSBC is announcing new mortgage deals for first-time buyers and those with a ten per cent deposit in addition to competitive deals for homeowners with more equity.
	Yorkshire Building Society cuts rates on fixed mortgages Yorkshire Building Society is offering a helping hand to would-be property buyers by cutting the interest rates on its fixed mortgage products.