Commercial mortgages are available to purchase a huge range of different types of property for business purposes and can be used to buy a property, develop an existing business premise or to buy an existing business in its entirety. Most commercial mortgages are not regulated by the Financial Conduct Authority and include, commercial buy to let property, land for development, public houses, hotels and guest houses, restaurants, farms and other agricultural land, gyms, warehouses and factory units or office accommodation.
Commercial mortgage lenders generally require a deposit of between 25 and 40 percent with mortgage terms running for between 1 and 35 years.
Obtaining a commercial mortgage is based on the ability of your business to make the repayments and commercial mortgage lenders generally look at past performance, the current position and long term future plans of the business. The interest rate you will be quoted may be based on these factors and may be higher if the underwriter identifies higher risk in the proposal.
We have a range of calculators to help make things simpler for you, from calculating payments to understanding how much your stamp duty may be. These calculators are for guidance purposes only.
Our mortgage brokers offer mortgage advice on a wide variety of mortgages, more detailed information about the different mortgages can be found below.