Commercial Mortgages

If you’ve outgrown your business premises or have become tired of renting office space, a commercial mortgage allows your business to get on the property ladder and add valuable assets to its name. Our qualified and trusted mortgage advisers have put together the key points for anyone considering taking out a commercial mortgage.

What is a commercial mortgage?

A commercial mortgage gives business owners the option to borrow money to buy either an existing property or an area of land for development. The purchase must be for business purposes and there are many lenders to choose from.

Commercial mortgages are also popular with investors who wish to buy commercial property and lease it to businesses, as well as landlords looking to buy multiple properties to rent out to tenants.

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Why buy a commercial property?

Though renting commercial and industrial premises is very popular, buying property opens up a world of opportunities for a business. One of the most common reasons for taking out a commercial mortgage is that your business can then change and upgrade the property as it sees fit, which usually won’t be possible with a lease agreement. Buying commercial property also means that you can be certain of how much you’ll pay each month without any sudden increases imposed by a landlord.

Perhaps most importantly, buying commercial property means that your business is acquiring a valuable asset that could rise in value over the years, perhaps to a significant extent. Once you own the building outright, you’ll also make instant savings because there won’t be any rent or mortgage payments coming out of your business bank account.

As an added bonus, the interest you pay on your commercial mortgage is tax-deductible, so it can be offset against your company’s tax liabilities.

How do commercial mortgages work?

Commercial mortgages differ from residential mortgages in a few ways:

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We’ll help you find a commercial mortgage

Investing in commercial premises is a very wise move and can greatly benefit the cash flow and value of your business.  However, commercial mortgages are harder to research and apply for online, which is why our experienced advisers are here to help you find the most suitable product.




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Financial advisory in Worcestershire and Kent

Based in Droitwich Spa, we’ve proudly supported clients of all ages since 2004. The opening of our second office in Sevenoaks allowed us to extend our bespoke financial services even further, making SN Financial a trusted financial adviser for individuals, couples, families and businesses across Worcestershire, Kent and the rest of the UK.

Droitwich Office

5 Saltway, Droitwich, Worcestershire, WR9 8LB
01905 779697

Sevenoaks Office

46 Holly Bush Lane, Sevenoaks, Kent, TN13 3TL
01732 926255