If you are looking for commercial mortgages Bristol has many brokers who will be happy to help. Here at Mortgage Style, we do far more than tie you down to a mortgage. We take each of our clients individually for assessment, ensuring that you are suitable for a mortgage. Investing in commercial property has always been a gamble. But, with Brexit looming there is even more worry for would-be investors. In this post we will guide you through the investment process, allowing you to really decide what’s best for you and your future.
Commercial Mortgages Bristol : What is Investing?
In the simplest terms, investing means setting aside money that you have you do not need to spend right now. By investing your money in commercial property, you will hope to achieve a rich ROI in the future. But, putting all your savings into a new business can be risky. Having large mortgage repayments hanging over your head each month often means your business fails to thrive.
Commercial Mortgages Bristol : A Checklist Before you Invest in Commercial Property
Mortgage style will help you asses your actual situation and work out how much money you can really afford to invest in a commercial business. Before investing, you need to have cleared any current debts you have, as well as having adequate emergency funds. You need to take into account possible loss of earnings due to sickness, as well as other common risk factors such as accidents.
We will take you through your current financial situation and your objectives before searching for the best commercial mortgages Bristol based for your needs. When investing in commercial property you need to determine the level of risk that is present. Say for example you hope to get a commercial mortgage for a mixed-use property. A shop with flats above is a prime example. You cannot be reliant on 100% occupancy at all times of your flats. You will need to include the risk of late payers and other debts that can occur when you have unscrupulous tenants.
Commercial property investment offers the potential for a long term income and capital growth. But, you must be prepared to take risks. If you are unable to take risks, then you will never become an astute investor. We will help you reduce your risks, by finding you not just a suitable mortgage, but also by advising you on area, property size, and other factors.
Commercial Mortgages Bristol : Conclusion
Bristol is enjoying huge growth in many of its previously run-down areas. This may seem like the perfect reason to invest in a business in the area. But, without professional help and advice from independent brokers like Mortgage Style, your investment could go horribly wrong. Let us help you with every step of your new investment, ensuring that risk is lowered, and that your ROI will be a healthy one for you and your existing or future business idea.
For more information and advice, give us a call on 01275 370360 or 0117 907 0818 or fill out a contact form to discuss your individual requirements.
Tags: Commercial Mortgages Bristol
Categorised in: Mortgage Advice
This post was written by Marcus Robinson