Commercial Remortgage
If you currently have a commercial mortgage it is worth
considering a remortgage. With interest rates at their
lowest for more than forty years and a competitive market
offering great deals, now is the time to talk to the
More Group. The More Group works with a panel of leading
commercial mortgage providers so we can offer you some
excellent, value-for-money remortgage products.
Why remortgage ?
It’s quite simple. There are better deals available than
the one you currently have and by switching you’ll be able
to save money, or raise money. Consider the possible benefits:
- Reduce your monthly repayments by switching to a lower interest
rate mortgage
- Raise finance by releasing equity you may have in the property
- Consolidate all loans into one easily manageable monthly repayment
A mortgage is the cheapest way to raise finance, so
contact the More Group now.
Can I remortgage if I’ve had financial problems
in the past?
Yes you can. The panel of providers the More Group
work with specialise in providing mortgages to people
and companies who may have suffered from adverse credit
problems in the past. Working with our panel, the More
Group will be able to find a remortgage product that
suits your needs.
If you’ve had adverse credit problems, a commercial
remortgage can be one way of helping ease the burden
by reducing the monthly repayments and consolidating
loans into one payment.
What are the benefits of releasing equity ?
If the property you own is worth more than the remaining
mortgage repayments you have to make, the balance is
known as equity. If you want to raise finance for whatever
reason, remortgaging the property so you release some
of the equity is a cost-effective way of funding your
borrowing. You’ll be paying interest at a typical
mortgage rate, not at a typical business loan rate which
is usually three to four percentage points higher.
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