Freephone 0800 410 1214
Commercial mortgages are usually the most effective way to finance the purchase of land and/or buildings for your company or business, as it can provide a flexible and affordable approach to financing your projects.
Commercial mortgages can be used to buy a Flat & Shop, Buy to Let, Retail, Investment Property, Guest House, Bed and Breakfast (B&B), Pub, Takeaway, Restaurant, Leisure, Land, Petrol Station, Nursing Home, Residential Care, Day Care, Day Nursery, Residential Nursing Home, Post Office, Convenience Store, Newsagent, Fast Food Outlet, Fish & Chip Shop, Public House, even with a short lease left.
In essence commercial mortgages are a special type of commercial loan in which the lender holds a legal claim over the purchased property until the mortgage loan has been repaid in full.
Are you looking for a commercial mortgage broker?
We refer your enquiry to whole of market brokers, who we will find you the best commercial mortgage rates to suit the property developer or businessman, whether it be in England, Scotland, Wales or Northern Ireland. Let us take the strain as they can arrange your interest only commercial loan, buy to let mortgage.
As they select from the whole mortgage market they can arrange the best commercial mortgage rates, property development loans, fast bridging loans and buy to let mortgages for partnerships, a Limited Company and buy to let portfolios.
Own Property Commercial Mortgages
Are you looking to buy your own premises with a commercial mortgage? We can help you as we have helped many clients to do this.
Are you looking to fund a commercial development? Banks will fund up to 80% of this dependent upon status.
Commercial Remortgages? Are you looking to refinance your buy to let portfolio on more competitive terms? We refer you to brokers that have established contacts with all the major UK lenders plus lenders through whole of market mortgage brokers that will consider the unusual project when considering commercial mortgages or remortgages.
Business Mortgages - owner occupied - typically offers up to 90% loan to value
Investment Mortgage - where you intend to let the property to a 3rd party on a commercial (i.e non residential) basis - typically offers 75% loan to value
Development Loan - where you want to develop or re-develop residential, commercial or semi-commercial property. Typically offers 85% site cost + 70% build cost
Self Cert Commercial Mortgages. Has your bank said no?
Adverse Credit? We might be to help up to 75% loan to value, if ....
Your accounts do not really reflect your up-to-date property portfolio
You cant provide two or three years accounts
Your accounts are constructed to minimise tax payable by showing the least amount of taxable net profit
You are unable to provide evidence of potential property values over a one or two-year period
Its hard to prove your income and your income is variable
Our introduced brokers can arrange a self certification commercial mortgage loan up to 75% of the property value, without the need for accounts.
As well as providing Buy to Let and commercial mortgages, you will be introduced to lenders that specialise in arranging development finance for both residential and commercial property developments across the spectrum from multi million commercial developments to residential developments costing tens of thousands of pounds.
Property development finance rates differ dependent on the applicants experience, the industry sector and the nature of the proposal but a good benchmark to consider would be Bank Base Rate + 1% to 2.5%. We can assist with the acquisition or retention of office, retail, industrial, leisure or residential investment properties.
Commercial Investments - Up to 100% available.
Variable: From 0.75% + LIBOR.
Fixed rates available on request.
Buying a Franchise with a Mortgage
Four out of five new start businesses usually fail within five years and yet around 90% of new franchise operations will have succeeded. The franchise market is expanding rapidly. In 1998 there were some 570 different franchise opportunities with a combined annual turnover of 7 billion pounds.
Franchising provides an opportunity to purchase a tried and tested business concept with usually an established brand image. 88% of franchisees claim to be profitable.
The average turnover for franchised businesses is 291,000
An estimated 327,00 people are now directly employed in franchising
39% of franchisors report that a lack of suitable franchisees continues to thwart their plans
Commercial Mortgages to buy a Franchise
Gaining funding to purchase a franchise is easier than raising money for a new start business. The cost of purchasing a franchise can range from a few thousand pounds to hundreds of thousands of pounds. Buying a franchise is not an easy option, you still have to work hard to succeed but finance is available. Generally, loans are available up to 80% of the purchase price
Cashflow Factoring
Our introduced brokers deal with all aspects of business finance, including invoice factoring, confidential invoice discounting for funds advanced against business invoices, commercial property purchase, commercial investment property, property extension/refurbishment, mortgage refinance, commercial development, commercial equipment and asset finance. Both tax and cash efficient way of financing assets including equipment and vehicles for your business.
If you would like to discuss any particular issue in general terms telephone 01254 248156 to discuss your requirements. Alternatively Click Commercial Mortgages to place your enquiry
You may browse our range of products and narrow down your search to your personal requirements. The figures shown in our mortgage comparison tables are for illustration purposes only and do not constitute advice on whether a particular mortgage is suitable for your circumstances. Before applying for a Regulated Mortgage Contract you should obtain a Key Facts Illustration from the lender which will give exact details
If you require advice, you may complete our on-line enquiry form and we will contact you to arrange for you to discuss your requirements with a qualified Mortgage Adviser. We do not charge a fee for this service
Whilst every care has been taken to ensure that the content of this website is true and accurate, neither the publishers, the advertisers nor any of their subsidiary or affiliated companies hold any responsibility for errors or omissions, and hereby disclaim, any liability to any party to loss or damage caused by errors or omissions resulting from negligence, accident or any other cause. All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form, electronic, without prior permission of the website owner. Search for the best commercial mortgage rates.
Copyright © 2010 commercial-mortgages-uk.org