Commercial mortgages via the web

Birmingham Midshires Commercial has launched an online facility enabling businesses to apply for commercial mortgages via the internet. The specialist commercial lender will offer mortgages of up to £10m through the application facility which was to launch by the end of January. The service, which will target owner-occupiers, residential investors and commercial investors, is to be fully supported by a team of 100 commercial lending specialists via a phone helpline. As the volume of calls increases, the company plans to start utilising an additional phone line, Birmingham Midshires Direc...