Lily Wilson

Lily Wilson
Member since Apr 18, 2023
Mortgage Brokers and Financial Advisors in London, UK

by Lily Wilson on Apr 24, 2023

Home & Family

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Mortgage Brokers and Financial Advisors in London, UK   An Introduction A commercial mortgage is a type of loan specifically designed for businesses looking to purchase or refinance property. Unlike residential mortgages, which are used to purchase or refinance a home, commercial mortgages are used to purchase or refinance commercial property, such as office buildings, warehouses, and retail spaces. In the UK, commercial mortgages are a popular way for businesses to finance their property purchases and expansions. Types of Commercial Mortgages in the UK There are a few different types of commercial mortgages available in the UK. These include: Fixed-rate mortgages: Fixed-rate commercial mortgages have a set interest rate for the term of the loan. This means that your monthly repayments will remain the same throughout the life of the mortgage, making it easier to budget and plan for the future. Variable-rate mortgages: Variable-rate commercial mortgages have an interest rate ... Continue reading →

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