What is a Trading
Business mortgage?
If you are new to Trading Business mortgages, here is a quick explanation of what bridging is and how it works.
A Trading Business mortgage is..
Designed to allow you to fund the purchase or refinance a property for use as business premises.
These mortgages aren’t just used to purchase property, they can also be remortgaged just like a residential mortgage to secure a better deal. This is common where the business’ performance has improved over time and lenders now see you as a lower risk applicant.
Trading business mortgages let business owners borrow money needed to buy property or land for their business. Similar to a residential mortgage, the money is borrowed from a high street bank or specialist lender and is repaid in monthly instalments, along with interest.
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Jason at Evolve has been so knowledgeable, efficient and made us feel like a valued customer. Evolve helped us with obtaining our mortgage and went above and beyond to find us the best rate. He would email back promptly and kept us updated with the whole process. His professionalism has been first rate and I would have no hesitation in recommending Evolve.
Aarti Mehta
