Commercial Mortgages

Buying business premises or financing a commercial investment requires a different assessment than a residential mortgage. Through our specialist referral arrangements, we can introduce you to a broker who can review the property, business or rental income and proposed borrowing.

Buying premises for your business

You may use an owner-occupied commercial mortgage to buy premises where your business operates. A lender may review trading history, accounts, cash flow, the property and the deposit. A specialist broker can explain your options and what evidence you need.

Commercial investment property

If you plan to buy a property to let to a business tenant, lenders may assess rental income, lease terms, tenant circumstances, property condition and your experience. Financing options depend on the individual property and transaction.

Mixed-use properties

A property that combines commercial and residential space, such as a shop with a flat above it, may require a specialist lending route. The use, layout, occupancy and rental arrangements can affect the assessment. Share the details early so the specialist can consider the relevant criteria.

Refinancing commercial property

A review may be relevant when existing finance is ending, or your business plans have changed. A specialist can assess refinancing options, including the costs of leaving the current loan and the implications of additional borrowing.

Look beyond the interest rate

Commercial lending terms can vary substantially. Consider the deposit, loan term, repayment structure, arrangement fees, legal and valuation costs, early repayment terms and any requirement for a personal guarantee. The specialist broker and your legal adviser can explain the obligations before you commit.

How the introduction works

We start with an outline of your plans and, where appropriate, introduce you to a specialist broker. They will assess the case, explain their service and fees, and discuss suitable lending routes. We will explain our introduction arrangements before you proceed. Tax and legal advice should be obtained separately where needed.

Frequently asked questions

What information might be needed?
Depending on the case, the specialist may ask for business accounts, bank statements, property details, lease information, deposit evidence and information about the borrowers.

How much deposit is required?
There is no single figure that applies to every commercial mortgage. The lender, property, income and borrowing proposal all affect the requirement.

Are commercial mortgages FCA regulated?
The FCA does not regulate many commercial mortgages. Your specialist broker will explain the status of the proposed finance.

Talk through your commercial property plans

Speak to our team in Accrington or contact us by phone or online from anywhere in the UK. We can help you take the first step towards a specialist assessment.

Ask About Commercial Finance

YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A LOAN SECURED AGAINST IT.