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Remortgaging Business Premises
A business remortgage is a type of loan secured against the value of a commercial property. It’s usually offered at a lower interest rate than traditional commercial loans with flexible repayments, allowing you to pay off existing debts, or perhaps grow your business through expansion. However, the interest rates tend to be higher than traditional private mortgages or a buy-to-let mortgage.
Remortgaging a business premises can seem a daunting proposition, but at Blackstone Solicitors we have the experience and know-how to make the process as stress-free and time-efficient as possible. We understand such transactions can appear complex, which is why our commercial conveyancing solicitors are here to guide you through the process.
If you would like to find out more about how we can help, simply give us a call on 0345 901 0445, or complete our online enquiry form and a member of the team will get back to you. We are passionate about every case we take on, so you can rest assured we will do all we can to make what might seem difficult, simple.
“Excellent and professional service. Extremely impressed.”
– Anon
How we can help
Our team is well versed in dealing with all the various aspects of commercial conveyancing, and we are here to help in any way we can. For instance, our expertise can help you get the best outcome if:
- You want to enter into a commercial mortgage
- You wish to transfer interests in a commercial property
- You want to draw up a lease agreement
The process
A commercial remortgage can help you get quick access to the funds you may need to grow your business. Secured against your property, commercial loans are often offered at a lower rate than other types of loans, giving you the flexibility to choose how to invest the money. If you’ve been on the same repayment plan for some time, it may be possible to secure a better deal by switching lenders.
Laws relating to the remortgaging of business premises can sometimes be complex.
However, we are here to make the experience as hassle free as possible for our clients. We will do the hard work so that you don’t have to, and we will keep you constantly updated on everything as we go. Various important, yet complex tasks must be carried out as part of the remortgaging process, so it is important you have the right legal assistance to guide you through.
There are many issues involved in the commercial conveyancing process, and examples of some of those we can help with include:
- Commercial mortgages
- Buying or selling business premises
- Remortgaging business premises
- Planning and development
- Lease transfers
Get in touch
It really couldn’t be easier to get in touch with our friendly team and discuss your situation. Simply give us a call on 0345 901 0445, or, if it is easier for you, fill in our online enquiry form and allow a member of the team to contact you. Our team is located in Manchester and we have a second office in London, and we help people throughout the Chester and Cheshire areas, as well as across the UK.