Property can be a big cost for many businesses, and it’s important to manage the investment wisely.
At Bank of Scotland, we offer both Commercial Mortgages and Residential Buy-to-let Mortgages.
Our Commercial Mortgage is a straightforward way to help spread the cost if you’re moving to a bigger office, or expanding to multiple locations.
Our Residential Buy-to-let Mortgage is suitable for business clients who derive their main source of income from the sector, and own property let for residential occupation, multiple occupation and student lets.
ANY PROPERTY GIVEN AS SECURITY, WHICH MAY INCLUDE YOUR HOME, MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE OR OTHER DEBTS SECURED ON IT.
All lending is subject to a satisfactory credit assessment and we will need your permission to carry out a credit check on you and your business.
You should not apply for an amount that you cannot comfortably afford to repay now and in the future to avoid the possibility of legal action.
All lending is subject to status. Security may be required.
There is always a possibility that interest rates may go down leaving a fixed rate loan at a higher level compared to a variable rate loan. However, if interest rates rise, a fixed rate loan will remain at the same rate.