Commercial Property Mortgages

Whether you need a commercial investment mortgage on a buy to let basis or large loan for business premises our partners can consider your requirements! Long term finance offers many small and medium sized enterprises (SMEs) the ability to invest in their business with new technology, new or refurbished premises, or increased stock levels. An enterprise commercial mortgage is also an excellent way to finance the purchase or start up of a new business venture which will require its own premises.

In the past, it tended to be only larger organisations with a proven track record who could obtain commercial mortgages. A large number of younger/smaller businesses were unable to obtain this type of commercial finance and, as a result, many businesses have in the past been forced to rely on expensive short term finance or left to use their owners’ residential property as security.

Fortunately, this gap in the market is now being targeted by specialist lenders who are willing to serve the mortgage needs of SMEs and owner-managed businesses.

Small business borrowers, self-employed traders, and partnerships often find it difficult to raise self cert finance. This is because institutional lenders have focused on larger, corporate lending secured on the tenant covenant of investment properties. This sector is seen as being low risk and so has become a favourite of many traditional lenders.

In addition, the lending criteria of many mainstream commercial lenders disqualified applicants who do not have three years’ audited account, those without business plans, or those with a less than perfect credit history. As the UK workforce migrates more towards self-employment, greater flexibility is developing as lenders begin to assess each case on its individual merits.

You can use a commercial mortgage for many purposes, some of which are listed below.

If you are looking to secure your mortgage or remortgage finance, would like some advice, or just want some quotes, fill the form on the left or click the button below-