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Is Renting better than Buying?



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The Main priority is to provide you with a first class service for all your Commercial Mortgage needs, Depending on your circumstance we can help you find a Commercial Mortgage at a very competitive interest rate, we do all the leg work, so you can relax. Click Here to request a call back and an advisers will contact you shortly.

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Is Renting better than Buying?

Every business needs some where to carry out its operations , the choice you have for your business is to either rent a property or to buy a property. This is a hmajor decision to make as both buying your property and renting have their own unique advantages and disadvantages. This decision should be made in accordance to your business strategy and only after carefull considerationThe advantages of buying your own property for a business include the following, having your own property offers security in terms of tenure, in comparison to renting a place where at the end of the contract you have no guarantee of tenure for the future. Another advantage of owning your own business premises is that you may increased the worth of your business,if the value of the property increases.Another advantage is that if you want to borrow additional funds from a bank you can use the property as security . The mortgage repayment may be lower than the actual rent payments on the property, thus giving yo a cashflow advantage.As much as there are advantages of buying your own property over renting out there are some disadvantages, these include the risk of repossession, if you fail to keep up your mortgage payments, your business may outgrow grow the size of the property that you purchased .moving out of a rented place is easier than selling a property.

 

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Commercial Mortgages Frequently Asked Questions

Types of Commercial mortgage ?

Is Renting better than Buying?

What Fees are Payable ?

Are they Regulated by the FSA?

What is the minimum deposit ?

What information do I need to supply,?

What factors determine Suitability?

How do the lenders assess me?

Can I get a Loan guarantee Scheme ?

What is the process of a mortgage, ?

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Mortgage Help Desk UK Mortgage Products

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"Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage "


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