The mortgage monkey can secure highly competitive terms and manage the whole lending process for you! We will work in close partnership with you and, just as with residential mortgages, we'll manage the whole process, liaising with estate agents, accountants, solicitors and surveyors, ensuring that everything runs smoothly from start to finish.
Our vast experience and understanding of the commercial mortgage marketplace also gives us the ability to secure competitive rates with all the principal lenders. In addition, it enables us to procure bridging loans where necessary.
Types of Commercial Mortgage
There are several different types of commercial mortgage available, catering for different commercial scenarios.
Buying a Business with Property
Many businesses come with a building attached. You might be looking to make an offer on an established business such as:
Hotel, Pub or Restaurant
Bed & Breakfast
Retail business
Takeaway/Fast Food outlet
Post Office
Surgery (eg: Dentist)
Buying Property for your Business
If you run an established business and you are looking to buy property from which you can run your business, eg: Office, Warehouse or Factory, Shop
Investing in Commercial Property
Commercial property has historically provided significant returns on investment and investing in commercial property in order to let out is seen as more robust investment than many residential buy to let opportunities.
If you could want to invest in:
Renting to retail tenants
Renting to office tenants
Buying land to Build and Develop
If you are a builder or architect or if you are seeking a development loan to finance the acquisition of a piece of undeveloped land, you would need to take out one of the following:
Greenfield development loan
Brownfield development loan
Construction loan
Your property may be repossessed if you do not keep up repayments on your mortgage.
The FSA does not regulate commercial mortgages.
Commercial mortgages are not arranged via Sesame.
If we charge a fee for arranging a contract for you, the amount payable will be based on 0.35% of the value of the loan applied for, with a minimum of £500. In a small number of circumstances, it may be necessary for us to charge a higher fee. This will be agreed with you in writing prior to any chargeable work commencing.