Commercial mortgages can be arranged for a variety of different properties with borrowing applicable for purchase and re-mortgaging. We are able to accept applications from individuals, limited companies, SPV’s and offshore entities.
- Trading business or investment applications accepted
- Same day agreement in principle
- Market leading rates
- 100% LTV available with additional security
- Interest only available
- No maximum loan
Commercial mortgages are arranged for the purpose of purchasing or re-mortgaging property that is primarily for commercial or business use and can be arranged for business to trade from, or alternatively as a form of investment.(commercial buy to let)
Mortgages are provided by banks and other specialist financial institutes. Commercial mortgages are considered a complex type of lending requiring a higher level of expertise to successfully arrange.
Commercial Loan to Value (LTV) Ratio’s
The current typical LTV for a high street bank offering commercial mortgages is 65-70%, however there are higher LTV options available through Charleston via specialist banks up to 75% on a standalone basis, or 100% with additional security if available.
Commercial Interest Rates
High Street banks are able to provide us with rates from 2.4% above the bank of England base rate, but the interest rates for commercial mortgages vary according to a number of factors including but not limited to:
- Property Type
- Repayment Terms
- Loan Size
- Mortgage Type
- Credit Scoring
- Income Cover
Broker Only Deals
As a commercial master broker with over 20 years experience we are able to arrange some of the best deals in the market and have access to exclusive products not available directly.