Access thousands of mortgages from over 90 lenders. Compare deals and get fast, friendly mortgage advice in Hull.
MortgageHub is a market-leading mortgage broker in Hull and Bingley with access to thousands of deals.
We listen carefully to your requirements, act as independent mortgage advisers in Hull, and work hard to find the most suitable deals – for you, your home, and your finances.
First-time buyer? Moving house? Re-mortgaging? Downsizing?
Whatever you need, our friendly team of mortgage advisors can help you find and choose the best deal. There's no obligation to take out a mortgage after speaking to us, but we're pretty sure you will.
Find out exactly what a deal could look like and discuss all your options with our experienced mortgage advisors.
If it’s right for you, we’ll handle your application from a decision in principle through to completion. No hassle. No stress.
A commercial mortgage is a loan secured against non-residential property, such as offices, shops, warehouses, or mixed-use premises. It allows businesses to purchase, develop, or refinance property, with the building itself acting as security. Like residential mortgages, there are both fixed rate and variable rate options, repayment schedules, and a need for a deposit (often 25-40% or more), but there are additional factors and risks that lenders take into account because commercial properties tend to be more complex to value and tend to carry greater risk.
Commercial mortgages usually run from 3 to 25 years and can be arranged on fixed or variable interest rates. Lenders will look closely at the property’s value and the financial position of the business, often requesting accounts, forecasts, and a business plan. This helps them judge affordability and long-term stability before approving the loan. In addition to the deposit, borrowers should expect costs such as arrangement, valuation, and legal fees, plus potential early repayment charges. While the process can be more complex than securing a residential mortgage, many businesses see it as a cost-effective way to own their premises, build equity, and create long-term security for growth.
Your home may be repossessed if you do not keep up repayments on your mortgage.
Now the legal bit’s out of the way, we want to be open and honest about our fees.
To help pay the bills (and our mortgages), we may charge a fee for our mortgage advice. These do vary and the actual amount you pay will depend upon your circumstances.
Typically, our fee is 0.3% of the amount borrowed but this can rise up to a maximum of 1%.
Discover more about the most popular types of mortgages we provide
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