Commercial mortgages

Business mortgages

Business mortgages (also known as commercial mortgages for owner-occupiers) are designed for individuals and companies purchasing or remortgaging a property to be used as a business premises. Business mortgages are also available on mixed use properties, i.e. part commercial, part residential such as shops with flats above.

As independent, whole of market brokers, we negotiate business mortgages with a range of lenders including major banks, regional and local building societies and specialist commercial asset lenders.

Rates for business mortgages are dependent on your industry sector and by your business' performance and your own individual track record.

The value of a broker within this field cannot be overstated, due to the bespoke nature of every single business mortgage transaction. Terms for business mortgages are not set in stone and our role in the transaction is to negotiate the best mortgage rate and terms. Our wealth of experience and market knowledge means we understand what is likely to be achieved given a specific set of circumstances.

Please note that some lenders will require the borrower to switch bankers to get the best terms. Others will work on a stand-alone basis and it may also make sense to keep your business loan separate from your day to day business bankers. Your broker will be able to discuss all the options available.

All finance for business mortgages is tailored to meet the borrower's needs. Where suitable, elements of the commercial loan structures available to clients can include:

• Interest-only mortgage periods
• Long-term repayment mortgages with terms up to 30 years
• Fixed, variable and hedged mortgage rates

Our solutions for business mortgages cover all types of commercial property and we understand the individual financing dynamics of the industry in which a business is involved. As a yardstick we can arrange business funding up to 80% loan to property value depending on trading performance and industry sector (and possible higher in some sectors!)

We can arrange business mortgages for most types of business premises, and also arrange funding on niche propositions including hotels and guest houses, health clubs, pub and restaurants, schools and care homes.

Typically we arrange commercial owner occupier mortgages from £100k to £25m. Do give us a call to talk through the borrowing requirements for your business.

 

ANY PROPERTY USED AS SECURITY, WHICH MAY INCLUDE YOUR HOME, MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.