Commercial Mortgages

They can be used to buy premises for your business, acquire investment property, refinance existing borrowing or release equity for expansion.

Deposits typically range from 25–40% of the property value, though this depends on the lender, property type and business track record.

Lenders consider a wide range, including offices, shops, warehouses, factories and mixed-use buildings. Some will also consider specialist properties.

They are long-term facilities, usually ranging from 5 to 25 years depending on the lender and the borrower’s requirements.

Rates depend on factors such as the loan-to-value ratio, property type, the business’s financial health and the chosen repayment term. A broker can compare rates across lenders.

It is more challenging, but some lenders will consider new businesses if there is a solid business plan and security available.

Most ask for trading accounts, management figures, business plans, property details and, in some cases, personal guarantees from directors.

Yes. Many borrowers remortgage to secure lower rates or raise additional capital. A broker can advise on costs and benefits before switching.

Yes. Investors often use them to purchase and let out commercial premises, with affordability based on rental income projections.

An experienced broker like Avid Finance saves time by accessing multiple lenders, negotiating terms and ensuring your application is packaged to meet lender requirements.