Commercial Mortgages
Specialist Small Business Finance
Fast Commercial Mortgage decisions for the purchase, development, or refinance of all kinds of commercial property such as Garages, Guesthouses, Restaurants, B&B's, Shops, Workshops, Offices, Warehouses etc We also have special lenders who will provide mortgage finance in certain areas such as farms, equestrian centres and other rural businesses.
- Purchase or refinance for any reason
- Up to 85% of property value (100% with additional security)
- Imperfect credit history possible
- Release cash for business expansion, cash injection, purchase additional property
- Fast decisions!
- Market leading rates from lenders not available on the high street
- Commercial Mortgages from £50k to £5m
- Interest only options
How much can you borrow?
In general terms lenders will offer finance up to 75% of the property value (75% LTV). If you have additional security then we are often able to look at up to 100% financing.
Rates
In general rates are normally linked to the Bank of England Base Rate or LIBOR (London Interbank Offered Rate).The rate applicable is closely related to the loan to value (LTV) of the property you are financing. Rates start as low as 2.5% above BBR.
Credit History
We have commercial mortgages available for people with all types of credit history, from a clean record to those with missed payments, CCJs and mortgage arrears depending on the situation.
Repayment Types
Interest Only options are available - sometimes for an initial period - depending on the loan to value and lender. Otherwise the loan is set up on a capital and interest repayment basis to ensure repayment of the amount borrowed.
Leasehold Businesses
For leasehold businesses there is no bricks and mortar security and different types of specialist finance apply. See our Leasehold Finance page.
THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE OR OTHER LOANS SECURED ON IT.