Commercial Mortgages
Commercial Mortgages are loans that are secured on commercial property such as shops, business premises, warehouses, factories, workshops, garages, hospitals and schools.
As with a residential mortgage the commercial lender will hold the title deeds to the property as security. In the event of arrears the mortgage lender can repossess the commercial property.
Commercial Property is also an acceptable investment vehicle for a Self Invested Pension Plan.
Not all forms of Commercial Mortgages are regulated by the Financial Services Authority.
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Your home maybe repossessed if you you do not keep up the repayments on your mortgage.