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Time to seek a business mortgage deal?

28 August 2009

Written by David Whittaker

Now is "as good a time as any" to establish a new business, according to a spokesperson for workplace solutions provider Regus.

Starting a company may require an entrepreneur undertaking research to see what the best commercial property mortgage options are - in fact, the Regus representative says there are many things to be taken into consideration before setting up a firm.

He also warned that people should not be "too hasty" when making their commercial plans, however "if you have been made redundant, you've received compensation [and] you think you've got a great business idea, then why not [form a new company]?".

Figures released by Barclays in the spring indicated that new businesses remained at high levels in 2008 - rising from 432,300 in 2007 to 436,600 last year.

However, as the financial crisis took hold at the end of 2008, fewer start-ups were reported in the second half of the year.

Find out more on our commercial mortgages and how we can help you achieve your aims - enquire online.



ANY PROPERTY USED AS SECURITY, WHICH MAY INCLUDE YOUR HOME, MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

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