Service Overview
Commercial property finance is designed for businesses and investors looking to acquire or refinance commercial premises, such as offices, retail units, warehouses, or mixed-use properties. Unlike residential mortgages, commercial finance is assessed based on the business's profitability or the property's rental yield, requiring a more specialized approach to underwriting.
Eligibility Criteria
- The property must be used for commercial or investment purposes.
- Borrower must have a viable business or a strong investment track record.
- Minimum deposit (typically 25-30% of the property value).
- Evidence of ability to service the debt (rental income or business profits).
- Clear valuation of the property by a professional surveyor.
Required Documents
- Details of the property (address, type, usage, tenancy schedule).
- Last 2-3 years of business accounts or personal tax returns.
- Business bank statements for the last 6 months.
- Assets and Liabilities statement for all directors/borrowers.
- Business plan (if purchasing for owner-occupation).
- Lease agreements (if purchasing for investment).
Process / Workflow
- Project Assessment: We review the property details and your financial standing.
- Lender Selection: We match your project with specialist commercial lenders.
- Indicative Offer: You receive a "heads of terms" document outlining the proposed loan.
- Valuation & Legal: The lender instructs a valuation and legal due diligence begins.
- Formal Offer: A binding loan offer is issued following successful underwriting.
- Completion: Legal charges are registered and funds are released for completion.
Benefits of the Service
- High Loan Amounts: Access significant capital for large-scale property acquisitions.
- Flexible Terms: Interest-only options and tailored repayment schedules.
- Specialist Lenders: Access to "off-market" lenders who specialize in complex commercial deals.
- Strategic Advice: Guidance on structuring the deal for maximum tax efficiency and growth.