Finance Information Directory from Online Consumer Information Services

OCIS Online Consumer Information Services
Let . . . OCIS Financial Information HELP YOU . . . NOW!

OCIS - Online Information Directory, Loans Information, Mortgage Information, Retail Information and more!

Why Choose OCIS?Choose OCIS
Quality Information and resources! Comprehensive summary on all companies and institutions that OCIS deal with!
Simple navigation for ease of use! No pop ups!
In a hurry? You will find direct links from this portal to all of our web sites.
If it's information you are after, then click Finance Information Index for specific information as well as lots of useful FREE advice.

Mortgage Information - Commercial Mortgages


Commercial Mortgages - Mortgage Information


What is a Commercial Mortgage?

Purchasing commercial premises can be a very good investment. Owning a property gives your business stability, and the property itself can become a significant asset. Alternatively, you may be buying a business that is tied into the property - for example a hotel, public house or café. If you decide to buy premises you'll probably need to consider taking out a commercial mortgage. Mortgages are usually for 15 years or more and the property itself is at risk if payments are not made on time.

Commercial mortgages can be used for a variety of purposes:

  • purchase of business premises
  • expansion
  • residential and commercial investment
  • property development

Most banks and building societies now offer commercial mortgages. But you must satisfy the lenders' criteria. Some lenders may accept applications where there is a bad credit history, but most lenders require a positive personal credit rating and evidence that your business is creditworthy.

It also depends on your business circumstances at the time and the long-term projections for your business.

Some mortgage lenders impose restrictions on the uses of commercial premises. Certain business concerns may be excluded altogether.


List of Major Mortgage Lenders


OCIS provide general financial information, we urge you to consult an Independent Financial Adviser ( IFA )
before making any important decisions about your finances.