By having access to your Credit Report you will be able to get a sense of why you possibly have not been granted Credit. Another important point is to check and see that everything on your report is correct. You are allowed to make corrections to your file. As most people don’t get their Credit Report they never know what’s on it or why they are being refused credit. If you fell behind in some of your bill payments you are also allowed to add a note explaining why you did. This may also improve your score.

With all 0% credit cards on offer its worth mentioning that if you are continuously applying for these cards you could be damaging your credit score. The number of times you apply within a 6 to 12 month period can have an adverse effect on your score. If you have been refused credit, don’t just move on to next lender, find out as much as possible as to why it was declined before applying somewhere else.

You can find out more about your Credit Report at Experian and Equifax. It costs £2 for a basic report.

Since your commercial mortgage loan broker doesn't earn their fee unless you get approved, they work with you to make getting a commercial mortgage loan as easy as possible. And, since broker gets paid by lender and not you, there is absolutely no reason not to engage their services.

Even if you had access to same quantity of lenders as a broker does, you would have to fill out a separate commercial mortgage application and submit it to each lender. That process alone would take you more time than it takes to drive across continent. A broker uses same application and sends it to all of their lenders. That fact alone makes it easier to get a commercial mortgage than doing it yourself does. Even better is fact that broker already knows terms and conditions that each of their lenders utilize. The broker will only send your application to those lenders whose qualifications you already meet.

Just like with everything else in life, there is an easy way and a hard way. If you're looking for easy way to get a commercial mortgage loan then I suggest finding best broker for your needs and let them do all work. It doesn't get any easier than that!

Specialists in Commercial Bridging Finance Commercial Lifeline. Independent UK based Commercial Bridging Finance brokers.