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Commercial Mortgages

For owner-occupiers, commercial or Buy To Let landlords, mortgages can be raised against all types of property. The criteria and how the lender assesses affordability can vary depending upon whether the property is occupied by your business, or whether someone pays you rent. There can also be minimum income requirements if you are a first time landlord.

Essentially though the business needs to be able to afford the repayments from profits after dividends / your own drawings / day to day living expenses, or the rent needs to be high enough to provide a buffer when a higher “stressed” interest rate is applied.

It is our job to take some of the confusion out of the myriad of Lenders, repayment options, affordability assessments, loan to value calculations etc. We do this by understanding you as an individual, what your circumstances are and what your overall objectives are.

After an initial telephone conversation and some information gathering, we are able to use our experience to approach the best lenders for your particular circumstances, cutting out the hours and hours of market research and frustrations of arranging your own finance.

So whether you are a new Landlord, an experienced investor, a business looking to buy a trading premises or just looking to make your assets work harder for you we have the sector knowledge and network of lenders to help you achieve your goals.

There are variable rate and fixed rate repayment options, and interest only can be considered depending upon the type of property and lender. Please click on the relevant mortgage type for more specific information.

What types of property can I fund with a commercial mortgage?

Almost any type of property can be purchased via a commercial mortgage as long as it generates an income, or your business can trade from it. We have helped finance properties such as Offices, Warehouses, Hotels, Holiday lets, Nursing Homes, Restaurants, Mixed-use (Commercial properties with flats above), Blocks of flats, HMO’s (Houses in multiple occupation) and student accommodation.

How do Commercial Mortgages Work?

A mortgage lender will take a charge over the property as their security, and will provide funds for purchase or refinance, perhaps to reinvest into your business to help growth plans.

What rates would I expect to pay?

Commercial mortgage rates are calculated against the perceived risk. The lower the risk the lower the rate. For example, a commercial property let out to a strong tenant such as Tesco’s can expect to pay around 3% over base rate, and in contrast an applicant with adverse credit history, looking to borrow 75% of the property value can expect to pay anything up to 9% per annum. It is our job to find you the best deal possible for your circumstances

What Commercial Mortgage term lengths are available?

Term lengths from 2 years up to 30 years are available.

What Loan to Values are available?

The Loan to Value available varies massively dependent on the loan type (Interest Only or Repayment) and more importantly, serviceability. We have lenders on our panel who will happily lend up to 80% of the property value, and in some cases we have been able to achieve 100% funding.

Can I get an Interest Only commercial mortgage?

Yes – we have several lenders on our panel who will lend on an interest only basis, usually over a period of up to 10 years

Can I buy investment properties with a commercial mortgage?

Yes – we are seeing an increase in the number of clients looking to buy investment properties. We can also help you build up a property portfolio utilising equity within your existing investment properties.

Is a commercial mortgage available for refinance?

Yes – you can refinance for various reasons, including the end of a term on your existing loan, or your circumstances may have changed for the better and you now want to take advantage and get a cheaper deal. We can also assist you with getting more money out your property at the point of refinance. This extra cash released can be used to buy further properties, or to invest into your business to help with expansion plans, or to fund your next project.

How do I apply?

The first step is a 5 minute telephone call where we will establish your requirements and collect sufficient information in order to present your case to the most suitable lenders, to obtain indicative terms. The options will be presented to you from the various lenders approached. We will then act as a liaison between you and the lender and will be on hand every step of the way until completion has taken place.

Other options within Mortgages

If you want a fast, flexible and reliable service, try
Positive Commercial Finance.

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