Chat to an adviser online about commercial mortgages now >>>>>>>
With so many options in the marketplace, finding the best deal is almost impossible, thats why you should be speaking to us, our systems and contacts allow us to search through the whole marketplace for the very best deals and rates. Talk to one of our commercial mortgage advisers online now and request a free quotation.
|
We
have access to thousands of commercial mortgage schemes
- Get your quote now! |
 |
There are two main
types of commercial mortgage :
1. The
Interest-only method: you pay the lender interest during
the term, then pay the outstanding capital back at the end of
the term. To do this you use an investment vehicle and the proceeds
of this 'should' pay off your loan. However you may end up with
a surplus, or a shortfall.
(The potential for instability
with the interest only method of repayment is why the this method
is the most common mortgage deal.)
2. Repayment
method - basically guarantees that you will pay off
the mortgage loan at the end of its term.
Now that we have established the main types of commercial mortgage,
lets look at the Mortgage Interest Rate:
The capped mortgage - is a combination of fixed and variable
mortgage. There is a maximum rate, over which you will not be
charged for a certain period. If the Standard variable rate falls
below the indicated cap, your payable rate follows it downwards.
The fixed rate mortgage - you pay a certain level of monthly
payments for an agreed period. You can thus budget with increased
confidence and are protected against a rise in base rates. The
fixed rate period could be up to 25 years, or as low as 6 months
[after which you revert to the standard variable rate].
Finally The variable rate mortgage - interest rates can
go up or down. therefore the interest rate could stay constant
and be the same for many months, or it may change a number of
times over just a few months. Generally the standard variable
rate will be the same as the Bank of England base rate.
| |
|
Our commercial
mortgage broker department has access to the whole UK commercial
mortgage market, we believe that we can help you to get some of
the very best commercial mortgage deals available. Contact our
mortgage department today by calling 0845 130 0009 or use the
free online call back and information request options above.
What is a commercial mortgage
A commercial mortgage is a mortgage used to buy a commercial piece
of property or commercial building.
We would like to introduce a new range of specialist mortgage and property finance websites that may be of assistance to you, first a site for mortgage quotes, adverse credit mortgages, property development, self certification mortgages and finally commercial mortgages. For further information on any of these or to view the mortgage website please click onto the text links.
"Clients should always ensure that they take appropriate
authorised investment advice before entering any transaction"
International Corporate Services works closely with a number of leading lenders
in the provision of commercial mortgage quotes. We will pass your
commercial mortgage quotation request to a bank, lender or broker
who will provide you with a detailed quotation. The information
we collectand pass on will not be used in conjunction with any
other purposes except for the provision of a commercial mortgage
quote unless instructed to do so by yourselves.
|
Commercial
mortgage brokers
