Commercial mortgages are usually used by businesses who want to buy property or land for commercial use. Similar to residential mortgages, the money is borrowed from a bank or specialist lender and then repaid in monthly instalments over a set term, with interest added on top.
The world of finance is awash with phrases, words and terms that can often sound confusing. Here, we demystify those for you, with a bitesize explanation of each term.
Our guide takes a closer look at the different types of property finance available to help seize your next business opportunity, expand your existing business or as you enter into the world of property development.
Hospitality in Scotland has been affected by Covid more than most. Read our industry spotlight and how we’re helping support growth within this sector.
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