Commercial Mortgage Quote

Agricultural | Commercial | Hospitality | Industrial | Offices | Semi-Commercial | Retail

Get an understanding of how much you may be able to borrow and at what terms prior to making a full application. Indicative Terms may also be known as a ‘Mortgage in Principle’, a ‘Decision in Principle’ or a ‘Mortgage Promise’. You can use Indicative Terms to show that you may be in a financial position to purchase a property with an estate agent or those selling a property.
Please note that Indicative Terms are subject to any conditions precedent and are not a guarantee that a lender will lend to you

PLEASE COMPLETE THE COMMERCIAL MORTGAGE INDICATIVE TERMS FORM

Agriculture | Hospitality | Industrial | Offices | Mixed Use | Retail | Leisure | Semi Commercial | Warehousing

Personal details

First Name?

Last Name?


Tel/Mobile?

Email Address
?

Are you a homeowner or tenant?

Which statement best describes your credit profile?


Property requiring finance
Property ownership?

Company or partnership name?

Property name/number?


Street?

Town/city?

Postcode?

Country?

Is the property an Investment, Owner Occupation, or Opco Propco?

Investment ~ renting the property to a 3rd party
Owner Occupation ~ ownership and operating business from the same property
Opco Propco ~ operating business rents the property from the owner through a separate business

If the property is semi-commercial, what percentage split of the building is residential use?


If the property is semi-commercial, what is the annual residential rental income?

What type of commercial property is this?

If 'Other', please describe the property
 

Is the property freehold or leasehold?

If the property is leasehold, how many years remain on the lease?


Mortgage details
Is the property?

What is the purchase price or if already owned the current open market value (£)?

What is the Net Loan (mortgage) required (£)?

Is this a purchase or refinance?

If a purchase, is there VAT in the purchase?

What is your main motivation for finance:


Refinance only...
What is the current mortgage (£)
?
 
Who is the current lender?

What is the reason for  the refinance?

Investment only...
Will the property be tenanted from Day 1?


If No, please outline the works required?

What is the actual/projected total annual rental income (£)?

What is your experience as a commercial landlord?

Owner Occupation / Opco Propco only...
What is the EBITDA of the business (£)?

* EBITDA ~ earnings before interest, taxes, depreciation and amortisation, if you don't know the EBITDA, a member of the team will be in touch

Property details
What is the property's EPC Rating?

Click here for EPCs in England, Wales, and Northern Ireland
Click here for EPCs in Scotland
Has the property recently been converted or refurbished?

If Yes, please detail the works that have been carried out

How will the property be occupied:

Please provide any additional information about the property?


Trusted Partners

Would you like to speak to a Trusted Partner about...
Buildings Insurance?


Life Insurance?

Commercial Utilities?

Embedded Capital Allowances?

For information on Embedded Capital Allowances, click here (link takes you to our sister business, Tax Reclaims)

 We will keep your contact details on file for the purpose of dealing with your enquiry. By submitting your contact details via this form, you are agreeing to our Privacy Policy.

What are Indicative Terms?

Commercial mortgage indicative terms are the likely commercial terms upon which, for example a lender will lend. Indicative terms are subject to the lender’s internal credit approval and other conditions precedent.

What does conditions precedent mean?

Conditions precedent is a condition or conditions to an event that must occur before a right, claim, duty or interest arises. In a loan, such as a mortgage, a condition precedent is an event that must be satisfied prior to a formal mortgage offer being made.