Money News
The Nottingham Building Society has introduced a new feature to its range of commercial mortgages by enabling small and medium-sized businesses to repay as much as 10% of the capital borrowed annually - without incurring charges.
Commercial mortgages from The Nottingham are available for purchase, re-mortgage and capital-raising purposes on owner occupied or investment properties. They are available to limited companies, partnerships (excluding limited liability partnerships) and sole traders.
Maximum Loan-to-Value (LTV) is 80%. Minimum advance is £50,000 - maximum facility, £1 million.
Capital repayment or interest-only terms are available for the full term of the loan.
04 March 2008 © Moneyextra.com
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