Whether you are looking to expand your existing premises, found a new building to buy or develop or you are looking to release equity from your existing building to expand, Home of Mortgages is the right choice to arrange the right commercial mortgage for you.
A commercial mortgage is quite simply a mortgage that is lent to an individual or company to buy a business property and this can be for you own use or that of a third party. Commercial mortgages are available to purchase a huge range of different types of property for business purposes.
• Commercial buy to let property
• Land for development
• Public Houses
• Hotels & Guest Houses
• Farms and other agricultural land
• Leisure Industry
• Warehouses and Factory Units
• Office accommodation
There is no real limit to what can be borrowed, but the loan to value of a mortgage varies quite significantly between different types of property. To find out more complete the enquiry form and a commercial mortgage expert will be back to you shortly to discuss your requirements.
We work with a number of financial institutions and specialist lenders which currently have appetite for financing residential development projects in mainland UK. Mezzanine loans can also be arranged to rank behind senior facilities already secured by developers. As you would expect, lenders are very selective in the current market so it is essential to put together a properly structured presentation to help guarantee a project’s chances of success.
Bridging Finance is a short term loan that provides fast access to funding when it is needed most. Bridging loans can be used to raise funds for any legal purpose and are designed to last for no longer than 12 months and require you to have a strategy in place to ensure that you can repay the loan.
To provide an example, bridging finance may be suitable for people who purchase a property at auction, where funds are required quickly. It is usually much quicker to arrange than a normal residential mortgage; on average 7-10 working days from the first enquiry to completion.
We have access to an extensive range of mortgage products many of which are not available on the high street and will use our years of experience to tailor a product to meet your exact needs.
Our advisors will complete all of the paperwork for you (and you will also be able to see the progress of your application anytime with our on-line tracking tool.) Is this correct for commercial loans?
Having helped you secure the best possible finance deal we will advise you on how to ensure that you are able to maintain future payments should your circumstances change.
Commercial and Bridging Finance is arranged by Introduction Only
Commercial Mortgages are not usually regulated by the Financial Conduct Authority