HMO Portfolio Bridge in 14 days
£2,650,000
Commercial Mortgages
A commercial mortgage is a mortgage loan secured by an asset that is commercial, or non-residential. Buying or refinancing commercial properties, such as trading business premises or buy-to-let properties (also referred to as investment properties), can be done with a commercial mortgage. They can be used for a wide variety of property types, including full commercial, mixed-use, and even land. As of now, all commercial bridging finance is unregulated, which means the FCA does not supervise or protect it. Unregulated loans are available for investment properties, commercial buildings, and buy-to-lets.
Commercial mortgages distinguish themselves from a typical residential mortgage in several ways. These types of mortgages typically do not offer fixed interest rates, unlike regular residential mortgages. They also often provide more favourable interest rates in comparison to standard business loans as they are backed by property collateral. Additionally, it’s crucial to note that if the property’s value rises, the capital invested may also experience a corresponding increase as well.
The criteria for commercial mortgage lenders tend to be more flexible since they assess risk on an individual basis. As a result, lenders can offer deals based on a wide variety of scenarios without restriction.
Product features include:
- Increase in property value
- Higher yields in comparison to a residential property
- Borrow over a long term, making savings compared to short-term finance
- If your property increases in value this could provide you with a lump sum when you sell the property
- Repayments are usually like rental payments for the same property, but this way your money will be put into an investment
- Adverse credit considered* (subject to an underwriter’s approval)
How we can help?
FinSpace is a master broker with access to 130+ lenders based in central London. Our team of 30+ experts will talk you through the process and package your application from start to finish. We can browse the market and provide you with competitive rates and the market’s best deals.
Speak to a consultant
How we can help?
FinSpace is a master broker with access to 130+ lenders based in central London. Our team of 30+ experts will talk you through the process and package your application from start to finish. We can browse the market and provide you with competitive rates and the market’s best deals.
Speak to a consultant
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