There are many reasons for buying commercial premises. For example, you may be starting or buying an existing business where the property is directly linked to the business, such as a hotel, a retail outlet or a takeaway;Or your existing business may need bigger premises to cope with expansion.

If you decide to buy premises you'll probably need take out a commercial mortgage. Mortgages are usually for 15 years or more and the property itself is at risk if payments are not made on time.

Commercial mortgages can be used for a variety of purposes, such as

• The purchase of business premises
• Extension of existing premises
• Residential & Commercial investment
• Property Development