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Commercial Mortgages |
Commercial mortgages can be arranged on a variety of different premises from doctors surgeries to industrial units, offices, retail outlets, agricultural units and care homes. Funding of up to 85% can be arranged on a stand alone basis (higher if additional security provided) with interest rates starting from around 1% above base/libor depending on the strength of the business and loan to value. The term of the mortgage is generally between 10-25 years. Interest only options are available in certain circumstances. Non status options are also available, these cover clients with previous County Court Judgments, defaults, mortgage arrears, or just situations where there are no historic trading accounts available to prove profitability to the satisfaction of the main stream lenders. Please contact us for further information. |
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