Funding a property purchase for your business

There are many variations of commercial mortgages and property finance, however there are fundamentally three or four types of commercial property funding available.

1. Commercial mortgages. This can be for either owner occupier or for investment purposes
2. A short-term funding solution secured a against a single property or multiple properties
3. These can be for a one off project or for much bigger projects such as multi occupancy conversions of large housing developments
4. Buy to let. These products can be sourced either by a residential mortgage broker or a commercial mortgage broker. Typically, a commercial mortgage broker will have access to more products

It has become more and more difficult to obtain business or commercial property finance through the banks even with a 50 or 60% deposit.   Banks and financial institutions have different conditions and a good commercial mortgage broker will have up to date information about each lenders’ criteria.

We have access to a huge range of commercial mortgages through major banks, building societies and specialist commercial based property lenders. The appropriate commercial lender is purposefully selected to meet the client’s needs. There is no requirement to switch day-to-day banking, and in some cases we are acutely aware it is beneficial to keep these financing elements separate.

Where suitable, elements of the bespoke commercial loan structures available to clients can include:

• Interest-only mortgages
• Long-term repayment mortgages with terms up to 25 years
• Fixed, variable and hedged mortgage rates

Our mortgage solutions cover all types of commercial premises and we understand the individual financing dynamics of the industry in which a business is involved. We look to find the best possible commercial funding solution for all our clients. Where required we can find commercial mortgages for proposals with limited accounting information, imperfect credit records and short trading histories.

For further information and advice, please contact us today for a no obligation chat.