COMMERCIAL
MORTGAGES
Concise, constructive, comprehensive and convenient
A New Era in Commercial Lending
With a focus on flexible financing, our commercial mortgages have been built around your clients’ needs. A natural progression from residential buy-to-let, we aim to support individual and corporate landlords with their commercial portfolios. ICR stress testing is set at 125% and we lend against a wide variety of business enterprises, including hotels, offices and retail spaces.
PRODUCTs
Standard Commercial
Suitable for individual and corporate borrowers, we provide your clients with the resources they need to build and grow their business interests. With up to 75% LTV, we lend on a wide range of company types including hotels, offices retail spaces and food outlets.
Specialist Commercial
Specifically designed for more complex property types, we offer up to 70% LTV on a number of sectors including education, energy and leisure facilities, car parks and selected sports venues, and lend between £100,000 and £2,500,000.
Commercial Mixed Use
Suitable for semi-commercial properties which comprise of greater than 60% commercial space, we offer individuals and corporate borrowers up to 70% LTV. Supporting all your client’s commercial property needs.
Standard Commercial
Suitable for both individual and corporate borrowers, our standard commercial mortgages provide your clients with the resources they need to build and grow their business interests. With up to 75% LTV, we lend between £100,00 and £2,500,000 on a wide range of company types including hotels, offices retail spaces and food outlets.
Specialist Commercial
Specifically designed for more complex property types, our Specialist Commercial mortgages benefit from enhanced underwriting to ensure we deliver the best possible outcome for your client and their business needs. We offer up to 70% LTV on a number of sectors including education, energy and leisure facilities, car parks and sports venues (excluding golf courses and football clubs) and lend between £100,000 and £2,500,000.
Commercial Mixed Use
Suitable for semi-commercial properties which comprise of greater than 60% commercial space, we offer individuals and corporate borrowers up to 70% LTV. Supporting all your client’s commercial property needs.
Intermediary resources
FIND YOUR BDM
Our regional BDMs are here to help you. Their experience and expertise ensures that you receive the support you need throughout the application process, from the initial discussion to completion.
FAQs
Find out more about our mortgages via our FAQs. If you still have questions that need answering then get in touch with us via the link below.
A commercial mortgage is a mortgage specifically aimed at borrowers who are looking to purchase or remortgage a property for commercial use.
Yes, we lend to individuals and limited companies.
Our Standard Commercial product covers: automative, children’s day nurseries, data centres, garden centres, general industrial, healthcare, hotels, guest houses, B & Bs, hostels, offices, retail, storage, student accommodation and food outlets.
Our Specialist Commercial product covers: car parks, education, energy, leisure, science & technology, logistics, sports venues (no golf courses or football clubs) and utilities. Care homes and petrol stations are by referral only.
No, we do not lend against land.
Yes, we lend to individuals and limited companies.
We accept owner-occupier borrowers subject to the property being in an opco/propco structure.
We accept a minimum income of £15,000 per annum if the applicant has no commercial landlord experience. If the applicant has more than 12 months experience than we do not require a minimum income.
Our ICR stress testing is set at 125%.
On commercial mortgages, we lend against the 180-day value.
- Application fee: This is an upfront fee which covers the administrative costs of processing an application
- Valuation fee: This covers the surveyor’s costs for carrying out the property valuation
- Product fee: This can be paid upfront or capitalised to the loan as part of the gross total
- Transactional fee: This covers the distribution of the money
- Early repayment charge: This will only be incurred if the borrower exits their buy-to-let mortgage early. Please refer to the product guide for specific costs
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