• Mortgaging on a commercial scale, for business premises, is very different to regular property purchasing.
    With the extra hassle and paperwork involved, why attempt to do it yourself when the mortgage experts at MAP could take care of it for you?

Commercial Mortgaging

We find it surprising how on so many occasions, it is far better for a company or partnership to own a property rather than rent one. As with so many other things in business, looking into this potentially large undertaking requires important questions to be answered.

Before starting this, you need to know if your existing landlord would be willing to sell; if so, at what cost. They may not want to let go of the property or will only do so at a high price, in which case you may then consider alternative locations. It is then about both affordability and location.

Other points to consider include the deposit required, the source of ongoing funds, and the official property owner. These and many other details can then be firmed up by us. We will literally map out the most suitable strategy and help you throughout.

Did you know some pension schemes can be used to buy commercial property? Whilst more expensive, they are considerably more tax advantageous, and worth considering.

The best approach for commercial mortgages is bespoke to each firm’s needs. As independent advisers, MAP can search the entire market and do almost all work required for you. So if you are even slightly curious about going down this road, contact us today.

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