Commmercial Mortgages
Business Property Mortgage Services
We aim to find the right solution for your business needs. Whether it be for offices, a warehouse or land to purpose build on. We have dedicated commercial mortgage advisors on hand to offer you advice and outline some of the most competitive products currently available.
A commercial mortgage is a specialised commercial loan in which the lender has a legal claim over the property until the loan has been fully repaid. When arranging a commercial mortgage you must consider its effects on your cash flow and your assets. It is a good idea to be clear on all the tax implications involved in securing a commercial mortgage and your accountant will be able to insure that all your liabilites are met.
Our brokers are able to approach lenders for semi-exclusive deals on a wide range of Commercial Mortgages. Our brokers have a wealth of experience in all mortgage lending and realise that the commercial market requires a high level of understanding to secure the most comprehensive deals.
Benefits on taking a Commercial Mortgage with us
- Secured on your business premises
- Amount - minimum £100,000 - no maximum
- Loans for up to 80% Open Market Value of property to be mortgaged
- Term - up to 25 years
- Variable or fixed of interest
- Interest rates - fixed or variable rates are available. Margins on variable rates are usually between 1% and 3% above Base Rate or LIBOR
- Repayment terms are flexible, including interest only loans with bullet repayments at end of term or capital repayment holidays
What are the costs?
There is a often a fee attached to the loan. This fee is often around the 1 per cent mark. The lender may also charge the borrower a fee for arranging the loan and these fees will be clearly illustrated in the Key Points of the mortgage.
Apply for a UK Commercial Mortgage
Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage.
This site is intended for UK residents only.
Mortgages.Grovelawn.co.uk is a trading name of Grovelawn Internet Services Limited. Grovelawn Internet Services Limited is Registered in England & Wales number 5287357. Registered Address: 98 Station Road, Sidcup, Kent, DA15 7BY
Mortgages.Grovelawn.co.uk & Grovelawn Internet Services Limited does not provide personalised financial advice.
