A commercial mortgage is similar to a residential mortgage in that funds can be borrowed over a long period of time, usually a maximum of 30 years, secured by a first charge on the property being bought.

In taking first charge, the lender is first in the queue to recover any debt if the property ever needs to be sold. This could happen because the mortgagee wishes to move on and sells, or perhaps has defaulted on the repayments causing the lender to foreclose.

If a first charge business mortgage already exists, it is common for different lenders to advance funds secured by way of a second charge which puts that lender as second in the ’security queue’.

Unlike residential mortgages, nearly all commercial mortgages are variable rate loans which vary in line with the Base Rate set by the Bank of England’s Monetary Policy Committee. So, if a mortgage lender offers terms which include an interest rate of say ‘2% over base’ then a base rate of 4.5% would result in an interest rate of 6.5% being applied to the loan.

Some lenders will link their interest rates to LIBOR, which is the London Inter Bank Offered Rate. LIBOR is published every day in the Financial Times and can be found on a number of other financial websites.

Commercial Mortgages can be secured against all kinds of freehold or long leasehold properties, such as shops, pubs, care homes, restaurants, offices, industrial factory units and more. Applying for a commercial mortgage is very much like that of a residential mortgage except that the maximum that can be borrowed is 60% of the assessed Market Value, although one or two lenders will advancelend up to 75% depending upon the proposal.

These percentages are known as the Loan-to-Value ratio, or LTV. A lower LTV means that the risk to the lender is reduced. The higher the LTV, the greater the risk to the lender and it is likely that a higher interest rate would be charged.

Lenders will not usually advance above 75% LTV to ensure that there would be enough security in the event of a forced sale, perhaps through auction when it is expected that property will sell at a discounted rate. When looking for a commercial mortgage it is advisable to shop around for the best deals and to use a specialist commercial finance broker who will possess the necessary specialist knowledge to advise you accordingly.

Downloading new ringtones is fun, but there are hazards that mobile phone users should avoid. Many sites offer free cell phone ringtones to encourage customers to patronize their products. Downloading ringtones on cellphones using Virgin mobile carriers is the same as the other networks. You can download ringtoons directly to your phone through WAP or SMS. Download the latest hot Ringtones absolutely free. Whether you’re looking to express yourself or represent your best friend, www.tonetastic.nl has exactly what you’re looking for.

Realtone, sometimes called real music ringtone, has now replaced polyphonies. Realtone has now taken over the market making it a growing consumer spending mobile content on music personalization. realtones have, no doubt, fetched large amount of business for mobile music industrialists. Record labels, for instance, frequently release the tones before the single to enjoy the first-mover advantage in the market, as realtones usually outperform singles.

Polyphonic ring tones, however, lack the ability to use digitalized audio samples. Polyphonic ringtones allow more than one note to be played at once and also increase the sounds that are available to be played by using the SP-MIDI format. This will increase the range of music that will now be able to be created as a ringtone. Polyphonic ringtones, true MP3 real tones, wallpapers and much more for your cell phone.

Want to pimp your phone with some Nokia ringtones? Truetones often outsell singles. funny realtones are mp3 sounds of real things. Like a mowing cat or the mowing of a cow is always funny.

The Maestro range of business furniture manufactured by Dams International is one of the most popular ranges of business furniture ever manufactured. The success of Maestro office furniture is based upon a winning formula of Maestro offering superb value for money, Maestro products are very hard wearing and functional, and Maestro offers a huge variety of modular furniture products. Maestro is an excellent choice for either budget conscious firms or the home office furniture user.

Maestro desks are available in a choice of three basic shapes (L shaped, wave and rectangular desks) each with a selection of sizes and a choice of leg designs from wooden panel end and the more popular steel cantilever design. In previous years Maestro products have been manufactured in several different melamine faced woodgrain effect finishes. Recently the range has been limited to either beech or oak woodgrain finish, though the cherry finish and light grey furniture has only recently been discontinued and for limited items residual stocks may still be available. Several years ago Meastro range was available in white though it could never be ordered as a fashionable black desks range.

If there is a possible shortcoming of Maestro office furniture, it is the fact that it is manufactured from 18mm MFC woodgrain effect chipboard which could be deemed to be a little too inexpensive for some customers requirements, though it’s hard wearing rugged durability should not be in doubt despite its low cost. The commercial office furniture market has leaned firmly in favour of 25mm furniture products over the last few years which often looks much more expensive. A sensible upgrade path from Maestro is the Maestro 25 furniture range (also known as M25 range).

Maestro 25 desks are only around 10% or 15% more expensive than Maestro desking, but aesthetically they look a far superior quality and give a more positive impression. The two ranges can be fitted in the same office and will not stick out like a sore thumb. A key factor to note is that M25 desks are only available in standard metric sizes (800mm deep and metric widths like 1200mm, 1400mm, 1600mm etc.) whereas Maestro desking comes in various non standard depths and widths (746mm deep and widths such as 1228mm, 1532mm, 1778mm etc.) The range mismatch is only an issue if you try to fit a Maestro 25 desk adjacent to a cluster of original Maestro desks.

TAHITIAN NONI® Juice is the world most popular noni product. Common miss-spellings of its names are just noni, tahitan noni, tahitan noni juice or even just tahitian. Because the juice is made from fruit grown on Society Islands in French Polynesia the many international visitors that have spent time on its amazing beaches are not sure of the spelling. It’s a good thing that the search engines have figured out a way to read these people’s minds and offer the correct spelling: TAHITIAN NONI® Juice.

It is kind of amazing that most people can describe the fruit quite accurately, and could easily point out the bushes and trees as they walk around the islands but have no idea what it is used for. That is probably the case with many things we see every day on our holidays.

Tahitian Noni International discovery of a simple food processing process that converts the raw fruit to puree and then blends it with blueberry and grape juice to eliminate the extremely strong taste made it a commercial success. Previously you have been wise to heed the admonition of your island hotel porter to not eat the raw fruit. But with the mild tasting TAHITIAN NONI® Juice he could not just as easily bring you a glass with your next room service order.

One of the four main benefits of this juice described on our web site is that studies show that drinking three to four ounces of TAHITIAN NONI® Juice each day helps maintain cholesterol at existing normal levels.

As indicated at the bottom of all our web pages, these statements have not been evaluated by the Food and Drug Administration and these products are not intended to diagnose, treat, cure, or prevent any disease. Please visit our website for details.