Commercial Mortgages
Ready to own your premises?
Commercial mortgages, also known as 'Business Mortgages,' are ideal for acquiring business premises, as they add to the balance sheet and allow rent payments to contribute towards paying off the mortgage.
These mortgages are suitable for purchasing commercial properties for business use, long-term investments via a SIPP or SSAS pension, or for acquiring a trading business or re-mortgaging an existing property.
We have access to over 50 major commercial mortgage lenders, offering competitive rates for up to 30-year terms. and various repayment options. We can provide both capital and interest repayment schemes or ‘easy start’ interest-only options.
To determine the best commercial mortgage option, an assessment of the business and its ability to repay the mortgage from profits or other sources of income is necessary. Generally, mortgages up to 75% of the freehold or long leasehold value of the property or business being purchased can be offered.
Buy-to-Let Mortgages
Essential for any landlord.
A specifically designed mortgage if you are thinking of buying, or re-financing, a property with the intention of renting it out. The amount you can borrow typically depends on the amount of rental income you expect to earn from the property. This is the cornerstone finance product for anyone seeking to invest in property.
We will assist with a broad range of Buy-to-Let mortgage products on both fixed and variable interest rates. We can also assist professional landlords with 4 or more properties seeking portfolio lending or mortgages to expand their portfolio.
If you are currently occupying a commercial property as a sitting tenant and running a profitable business then we can offer special rates and generally a higher loan to value.
Development Finance
Build, convert or refurb finance.
A funding option that is commonly utilized to pay for covering purchase and construction costs, typically lasting between 6-24 months. It is applicable to various projects like new builds, renovations, conversions, or refurbishments across single or multiple units built throughout different phases.
Generally the loan drawdown process involves accessing funds in different stages, such as for purchasing land and meeting construction milestones. This phased approach helps manage financing needs throughout the project's progression.
Lenders evaluate the site's value with planning, property value before refurbishment, build costs, and Gross Development Value (GDV), while also considering the developer's experience. These factors play a crucial role in determining the feasibility of the project for financing.
If you have a project you need funding let's discuss it further to find the best options for the development.
Property Bridging Loans
Short-term finance to fill the gap
Do you need cash quickly? Bridging loans are short-term financing options designed to provide quick access to cash, particularly when traditional financing methods may be too slow. Normally used to purchase property and bridge the gap between acquiring a regular mortgage.
This is particularly useful if purchasing a property at auction when the time to acquire a mortgage will take too long. It can also be used as a refurbishment loan, especially if the property is in an "unmortgageable" state. This can provide the funds to purchase the property and/or the time needed to renovate the building and acquire the mortgage.
The interest is typically retained within the loan, meaning no repayments are due until the end of the loan term when it should be settled. At this stage more permanent finance can be secured, or the property sold to pay back the loan.
Professional Help for Landlords
Both New & Experienced
We help landlords every step of the way no matter your portfolio size and complexity.
Whether you’re a first-time landlord or adding to a large portfolio, you will need to obtain a buy-to-let (BTL) mortgage, get in touch for up-to-the-minute product information on BTL, HMO, bridging and refurbishment products..