Sunday, July 5, 2009

The world's local bank

Commercial Mortgage - Key features and benefits

* Tailor your commercial mortgage loan to your needs.
* Select a mortgage repayment period between 2 and 30 years.
* Borrow up to 75% of the purchase price or professional valuation, whichever is the lower.
* Select a loan amount, the minimum is £25,001, and there is no maximum.
* Select a fixed* or variable rate mortgage – the choice is yours.
* Choose to pay mortgage interest either monthly or quarterly.
* Choose to take capital repayment holidays for all, or part of the first 24 months**.
* Choose to defer up to two commercial mortgage loan repayments in any year**.
* LIBOR-linked rates are available for loans over £100,000.
* Protect yourself against interest rate rises for loans of over £250,000.
* Easy and straightforward to arrange.
* A quick response to your lending requirements.
* Business Banking Price List (PDF, 112kb)

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