Commercial: As the name suggests, a commercial mortgage is a loan secured against a property that you’re using for commercial purposes. You might take out a commercial mortgage to buy a shop, restaurant, warehouse, office or care home.
Commercial mortgages can be divided into two categories: owner-occupier mortgages, which are used to buy property that will be used as trading premises for your business; and commercial investment mortgages, which are used for property you’re planning to rent out.
- Commercial Investment
- Mixed Use
- Owner Occupied
Mixed Use: A Mixed Use or Semi-Commercial mortgage is a loan for a property that has both commercial and residential parts – typically the lender, lends on properties such as a shop with a flat above. Some other examples of mixed-use properties include an office, store or retail outlet with a domestic residence above it, all of which are included in the same freehold agreement. Other examples include guesthouses in which the owners themselves live and public houses above which the proprietor has a permanent residential address.
Owner Occupied: Commercial mortgages can also be segregated into owner-occupier mortgages, which are used to buy property that will be used as trading premises for your business.
Case Study Example
Closed ended Jersey fund investing in the UK multi-tenanted industrial sector
UK Nationwide
Case Study Example
Central London Office Building
21 Lombard Street, London, EC3
Case Study Example
Finance of Core City Offices
1 Golden Lane, London, EC1
Case Study Example
Purchase of Retail Unit
Costa Coffee & Restaurant, Lands Lane, Leeds
Case Study Example
Purchase of Budget Hotel
Guildford Street, Chertsey KT16
Case Study Example
Refinance of Semi-Commercial
Cardiff, Wales, CF11
