We provide mortgages for the purpose of purchasing, remortgaging or capital-raising against commercial and semi-commercial properties that are rented as investments.
We lend against purchase price, open market vacant possession, or investment valuation - whichever is lowest.
We are able to lend to the following:
We accept the following as security:
All loans are subject to status and secured against property. Sometimes, other additional security may be required. We do not lend to offshore companies. Your interest rate will be linked to the Bank of England Base Rate, or you can choose from a range of fixed rates (early repayment charges, an arrangement fee and other fees will usually apply).
Contact your dedicated regional team here.
You can pay off your mortgage early whenever you want, but you will have to pay an early repayment charge if you repay all or part of your mortgage within a specified period. Additional interest will be payable in the event of early redemption of the mortgage. Please contact Commercial Lending on 01733 372 425 to discuss what Early Repayment Charges are applicable to our products.
For a full list of our mortgage charges and a description of when these may apply, you can download our Guide to Fees and Charges (80 KB) .
We are happy to consider lending beyond the length of the occupational lease. To do this, we’ll need to understand the transaction as a whole and your own financial status.
We’ll then work to find a suitable proposal; in some instances this may mean providing a loan at a lower Loan to Value or over a shorter mortgage profile to mitigate the risk of a short remaining lease to the occupying tenant.