Nottingham Building Society are offering a new range of interest only mortgages, aimed at the small to medium size businesses who might be interested in expanding their portfolios.
You can get between 60% and 75% loan to value depending on the circumstances in which you're trying to secure the mortgage.
The groups commercial mortgage range has been in high demand since they stepped up their presence in the sector back in July 2006.
Gary Burrows, commercial lending manager for the group commented, "A key priority for us is creating mortgage products that add more choice to our intermediary partners – and their clients. The interest-only product emphasises this ongoing commitment."
The group have also been praised for the speed in which they get their interest only mortgages agreed and processed. So if you're in the market for this type of agreement and in a hurry, then the Nottingham might be your first port of call.