COMMERCIAL MORTGAGES
Commercial mortgages up to 82% of property value, business goodwill can also be funded for certain sectors. Whether buying new property or refinancing outstanding debt, we can help every step of the way. Our bespoke service ensures we fully understand the business and the funding requirements, delivering not just any deal but the right deal. We’ll outline the very best terms available, then manage the application process from enquiry to full credit sanction and through to completion.
Commercial mortgages are available to all applicant types; individuals, partnerships and limited companies, including situations where the property is owned by or to be purchased in the name of the directors and rented to their company.
Property types funded include the following:
| Property Types | ||
|---|---|---|
| Shops and other retail units* | Industrial Units | Warehouses |
| Garden Centres | Public Houses* | Day Nurseries |
| Professional Practices (e.g. doctors/dentists) | Car Showrooms | Farms and other rural property* |
| Offices | Factory Units | Hotels and B&Bs |
| Restaurants, takeaways and Cafés* | Educational Establishments | Care Homes |
| Workshops | Petrol Stations |
*with or without accommodation
Interest-only and part-repayment options are available with loan terms up to 30 years.
There is no requirement to transfer day to day business banking to the new lender in many cases.
Professional practices can be financed to 100% of property value plus goodwill funding
It may also be possible to arrange commercial mortgages for applicants with previous credit problems.
Please note this is not an exhaustive list, most property types can be funded.
Key Benefits
CONTACT US
If you have any financial enquiries from mortgage advice to insurance advice, please complete the form and one of our professional team will contact you to discuss your needs.
If you would like to speak to one of our team today please call us on 01656 856120.
Alternatively pop in to our shop at 1 The Portway, Porthcawl, Bridgend, CF36 3XB, we would be delighted to help you over a coffee.