Owner-Occupied Commercial Mortgages: A Complete Guide
Owner-occupied commercial mortgages are loans designed for businesses looking to purchase property for their own use. These mortgages allow companies to buy premises where they can operate, rather than renting or leasing space from others. Lenders typically offer up to 75% of the property’s value, requiring a 25% deposit from the borrower. These loans differ […]
Top 5 Challenges in Commercial Property Financing and How to Overcome Them: Expert Insights
Navigating the world of commercial property finance can be a complex and daunting task. As the demand for commercial real estate financing grows, so do the challenges that investors face in securing the necessary funds. Among the most pressing issues are difficulty in qualifying for loans, intricate application processes, and the ever-present need for thorough […]
Understanding Different Types of Commercial Mortgages
A Guide for Property Investors Commercial mortgages are specialised loans for purchasing or refinancing business properties. These loans differ from residential mortgages in key ways. Commercial mortgages typically cover up to 70% of a property’s value and can have terms lasting up to 25 years. Business owners and investors use commercial mortgages for various purposes. […]
Commercial property trounces residential for rental yields
Commercial property offers significantly higher yields than residential, though the latter is far more popular with investors, analysis by London lettings and estate agent Benham and Reeves has found. Across the UK commercial property investment offers average annual yields of 10.7%, compared to just 3.4% for residential. The best commercial property yields are found in […]
British Property Federation announces plans to modernise commercial property sector
The British Property Federation (BPF) has launched a Technology and Innovation programme for the UK commercial property sector – to support the sector in its digital transformation – following the Government’s challenge to all sectors of the economy to improve productivity and deliver growth. The programme is launched with the publication of a new report […]
Should You Convert a Commercial Property into Residential?
Altering a commercial property – such as a former office, a shop with flat above, a pub or even an old library – into a residential property, may sound ambitious, especially if you’ve never done it before. But this has proved a popular property investment strategy for many savvy investors for some time now. In […]
£70m Merchant Square development ‘will transform ‘city centre’
WORK has commenced on a major development of a nine-storey grade A office building which it is claimed will transform the centre of Belfast’s business district. The £70 million Merchant Square development on Wellington Place, due to complete by the autumn of next year, will create 227,000 sq ft of retail and office space and […]
Northern Ireland’s commercial property market holds big draw for investors says CBRE outlook
THE north’s commercial property market is enjoying a period of renaissance, with investors currently banking some of the highest rates of return of any other region in the UK or Dublin, research from real estate firm CBRE has revealed. The launch of its 2018 outlook in the Waterfront Hall also heard that a £100 million […]