A Commercial Mortgage
is a loan secured against a Commercial Property. We are able
to arrange funding for the purchase, development, or refinance
of all kinds of commercial property.
How much can you borrow?
In general terms most lenders will offer finance up to
85% of the property value (85% LTV). In some instances we
may be able to offer products up to 100% LTV.
Rates
Different lenders have different products but in general
rates are normally linked to the Bank of England Base Rate
or LIBOR (London Interbank Offered Rate). The rate applicable is closely aligned to the loan to value
(LTV) of the property you are financing. Rates start as low
as 0.75% above BBR.
Credit History
We have products available for people with all types of
credit history, including those with CCJs, mortgage arrears,
and IVA and bankruptcy (providing you have been discharged). We can also offer a self-certification of income facility
if you do not have up to date accounts and business plans.
Repayment Types
Our minimum repayment term is 10 years with our maximum
being 30 years. We can arrange your new mortgage on a Capital and Interest
basis or we can offer an Interest Only repayment for 3 years
followed by Capital and Interest repayments for the remainder
of the term (subject to conditions).
Commercial
Mortgages 