Commercial Property Finance

We‘ve experience in providing commercial property finance for a variety of commercial development projects from exclusive health spa builds to office conversions.  We’re able to fund commercial build projects as well as conversions of existing properties often for change of use.

Commercial property finance for property development will be individually assessed based on factors such as the strength of the proposition and the experience of the commercial property developer concerned.  Our role is to make sure you get the best rate from a lender for that proposition.  From our experience we can assess the rate we believe is credible. 

Our expertise also means we’re able to assess the project viability for you from the outset.  To ensure projects progress as quickly and smoothly as possible we’re also able to help look at the proposed scheme before presenting details to potential lenders.

Commercial property finance or loans tend to be for the duration of a year or more dependent on the dynamics of the project and in the majority of cases they are organised on an interest only basis. 

In most cases you’ll need to put down a 25% to 30% deposit unless land is owned on an unencumbered basis or the land had been granted planning consent. Any lender will look at overall exposure at the end of the project and work costings and support back from that figure. Typically this would be a total advance less than 70% of Gross Development Value (GDV) but in times of recession, it is typically reduced to 55% or 60% of GDV.

Even in uncertain times, a lender will look to be innovative and where land is preowned with no debt, they will advance up to 100% of build costs if this falls within GDV parameters.

As a leader in commercial mortgages funding we can also help arrange bridging finance and exit funding. We also have a wide range of Buy to Let mortgages, and residential mortagages available to you online now as well as commercial mortgages that can be negotiated to suit your needs.