I'm researching COMMERCIAL BUY-TO-LET mortgages and would like to hear from investors who have experience in this area. I'm considering purchasing a commercial property to rent out, but I'm unsure how the mortgage process differs from a standard buy-to-let mortgage.
What should I know before applying for a COMMERCIAL BUY-TO-LET mortgage? Are the deposit requirements, interest rates, and eligibility criteria very different? I'd also appreciate any advice on choosing the right lender, managing risks, and maximizing rental returns.
If you've invested in a commercial buy-to-let property in the UK, I'd love to hear about your experience and any tips you can share. Thanks in advance!