If you’re purchasing Commercial Property for your own occupation, to lease, via a SIPP as a longer-term investment or perhaps you wish to refinance an existing property then speak with our Commercial Mortgage experts.
As commercial finance broker’s we have ready access to all the commercial mortgage lenders that are actively seeking to lend, from £50,000 to £30 million. We’re able to access for our clients the most competitive rates in the market with terms up to 30 years.
Commercial Property Mortgages
There are 2 types of commercial property mortgage, being Owner Occupier Mortgages are when the business uses the property itself and Commercial Investment Mortgages are where the property is rented out to one or more business tenants, similar to a buy-to-let mortgage.
The majority of Lenders will consider Commercial properties with either Freehold or a long Leasehold favourably, properties with a short Leasehold remaining may be more difficult to secure funding on.
Typically a commercial mortgage will be up to 75% loan to value (LTV) of the open market value (OMV) of the property.
Semi Commercial Property Mortgages
Semi commercial property mortgages follow the same rules as commercial property mortgages but where you have a business downstairs and living accommodation upstairs, as seen in many towns and villages the length of the country.
At Wattsford Commercial Finance, we can secure both capital and interest repayment and interest-only mortgages.
Partnering with you
As your commercial finance broker, we will fully assess your needs when it comes to which commercial mortgage is the best fit for you which will include confirming the ability to repay a mortgage prior to seeking to broker your deal.