There are indications that commercial mortgage interest rates are falling There are no standard interest rates for commercial mortgages as rates are set on an individual basis, but mortgage brokers are reporting that the average interest rate is decreasing. There are a large number of commercial mortgage lenders in Britain and more have entered the market over the last year. Many lenders keep their interest rates low to be competitive. The Bank of England has kept its base rate unchanged in May 2018, but increases could happen later in the year. Increases should be low, so investors taking out a commercial mortgage today, should remain on low interest rates. As well as low interest rates some lenders have incentives such as reduced fees. It is possible to find interest rates of 2,5% a month with 0.75% set-up fees. There is also a high demand for short term bridging lending for property deals. Bridging interest rates are generally higher than commercial mortgages, but some lenders have reduced their rates. It is possible to find a bridging loan that can be used for commercial property at 0.75% per month. Two or three years ago the rates would have been about 1.25% a month. With so many loan deals available it is difficult for a borrower to know which is the best one. A mortgage broker’s help can be invaluable in matching a borrower’s individual requirements to the best deal. A good broker will advise clients on short term and long term finance options.