Commercial mortgages tend to be more complex than your usual residential mortgage which equates to a longer processing time. If you need to act quickly then an initial bridging finance option may be more suitable with the view to transferring to a commercial mortgage when time is not so critical.
If the element of commercial use is low then you may be able to qualify for a residential mortgage. If you think that this may be the case for your project then why not call us to discuss your commercial mortgage advice requirements. RM Mortgages can be your commercial mortgage brokers
A mortgage is a loan secured against your property. Your property may be repossessed if you do not keep up repayments on your mortgage or any other debt secured on it.
Please Note: The Financial Conduct Authority does not typically regulate Commercial Mortgages.