Commercial Mortgages

Like most other forms of borrowing, raising money to buy commercial properties has become a less onerous prospect than it was years ago.

Many new lenders have entered the commercial loan market and you are no longer just reliant upon your own high street bank or other high street lenders.

Because of the influx of extra competition in the market, not only have interest rates reduced but also the loan to value ratios have increased.

It is now possible to arrange up to 90% finance to purchase your commercial property and interest rates on commercial loans can be as low as 1% over Bank of England base rate.

It is even possible to borrow up to 80% of the value or purchase price of the property without the need to provide the usual 6 months bank statements and 3 years accounts (this is called non-status commercial lending).

Due to the more complex nature of commercial finance, it is advisable to use the services of a mortgage broker with specialist knowlege in the commercial mortgages field.

Development Finance

Up to 100% of purchase costs and 100% of development costs is available subject to status. “available subject to the project and it’s projected profitability”.

For more information on development or commercial mortgages fill out the online form or telephone the number below.

The products and services promoted here are not regulated by the Financial Services Authority.

Your property may be repossessed if you do not keep up repayments on your mortgage.