London Commercial Mortgage Broker

Finding a commercial mortgage that suits your financial circumstances can be a challenge, but we specialise in finding our clients the best solutions for their needs.

SINCE 2004

Specialists in Finding Commercial Mortgages & Brokering Attractive Rates

Finding a commercial mortgage that suits your financial circumstances can be a challenge, but we specialise in finding our clients the best solutions for their needs.

Whether you’re starting a business, investing in a property or remortgaging your current place of work, our database and professional relationship with high street and private mortgage providers can help you to secure a commercial mortgage – no matter what your circumstances are.

Our team works with clients from various backgrounds and understands how stressful it can be to find attractive terms that benefit your premises and business.

Why You Might Need a Commercial Mortgage

Commercial mortgages are similar to residential mortgages in many ways, with one significant difference; they’re for business and investment purposes only. If you want to finance the purchase of a shop, restaurant or are a commercial property investor securing a mortgage with attractive terms is vital.

You can apply for a commercial mortgage with traditional high street banks, challenger banks and private lenders. Depending on your circumstances, a private lender might be the best option because they view each case on its merits instead of a high street or challenger bank with pre-set eligibility criteria.

The Types of Commercial Mortgage Our Brokers Can Help You Secure

In general, there are two types of commercial finance, and the one you apply for will depend on what you’re using the building for.

Commercial Investment Mortgages: If you want to invest in residential property but won’t live in it, you’ll have to apply for a commercial mortgage. This solution is ideal for one tenant or multiple occupation households, but most lenders will cap the amount they’ll lend you at 65%.

Owner-Occupier Commercial Mortgage: You’ll need a commercial mortgage if you want to buy a business or premises such as a warehouse or office headquarters. Most lenders only offer an LTV rate of 75%, but our brokers can work to secure you a better deal if you don’t have a deposit.

You’ll need a commercial mortgage for the following properties:

  • Shopping Centres/Retail Units
  • Warehouses
  • Factories
  • Office Buildings
  • Nursing/Care Homes
  • Veterinary Practices
  • GP Surgery’s
  • Funeral Homes
  • Agricultural Land
  • Hotels/B&B’s
  • Houses/Flats to Rent

How You Can Benefit From Our Commercial Mortgage Broker Service

For most investors, a high street bank is often their first port of call, but there are many issues with the application process. There are few options available, and it can be a challenge to secure a commercial mortgage through traditional banks.

Challenger banks and private financing companies usually offer better rates, but most will only work with commercial finance brokers. Essentially, this means that you won’t get the best deal available, and going it alone often leads to higher interest rates and a smaller LTV (loan to value).

Working with a broker enables you to access the most effective financing solutions from commercial mortgage lenders. Better still, we do all of the hard work, so you don’t have to.

If you don’t want to spend time filling in countless application forms and jumping through hoops for high street bankers, our team of specialists can access a wide range of commercial mortgages for you, and each comes with attractive features.

Working with us enables you to access private banks, which often have better terms than high street lenders, especially when securing a property with a low deposit.

Personalised Service

Understanding how to secure a commercial property loan for each client requires a bespoke service at all times. However, many brokers treat their clients in the same way high street banks do, but we don’t believe in the tick a box mentality.

When you work with our brokers, everything we do is with you in mind, and we’ll always go out of our way to secure a commercial business loan that suits your circumstances.

Expert Support & Guidance – From Start to Finish

Dealing with a commercial mortgage lender can be a tricky process, especially when securing terms that help you grow your business. We’ll work with you from start to finish, including the initial consultation, discussing your requirements, and speaking to lenders.

Once you agree on terms, we’ll help you complete the paperwork and ensure you have everything you need to move forward with your sale.

Our Clients Highly Recommend Us

We work with clients from all backgrounds and will always go the extra mile to secure the financing you need for your big project. Our friendly, down to earth team have built a strong reputation because we’re not afraid to take on a challenge.

Our brokers specialise in creating a relationship with private commercial mortgage lenders and work hard to promote you as an attractive candidate. Most importantly, we can save you money on your mortgage deal.

How The Commercial Property Mortgage Brokering Process Works

Whenever possible, we’ll work to secure your mortgage quickly, but the process depends on your financial circumstances and whether you’re interested in investment properties or an owner-occupier mortgage.

Initial Consultation

We offer both a telephone consultation or a face to face appointment, so you can choose whichever is convenient for you. Your appointed representative will ask you questions about the type of agreement you’re looking for, your business background and financial circumstances.

Finding Lenders

Once we have an idea of your needs, we’ll get to work on finding you a commercial property finance deal. In some cases, high street banks might be best – especially if you’re in a solid financial position, have additional security and meet the lending criteria.

If your circumstances are more complex, we can still help you and approach private lenders on your behalf.

Securing a DIP (Decision in Principle)

A DIP is essential to purchase a commercial property because it lets sellers know that you’re financially viable. Each Decision in Principle has a set of conditions that you’ll be aware of before you proceed with buying the property or refinancing the one you currently own.

The Official Application

You’ll need to make an official refinancing or mortgage application, and your client relationship manager will help you verify the documents and submit them.

Commercial Property Investors Need: 

  • Proof of income, address and a passport or drivers license
  • Evidence of any lease agreements
  • Proof of prospective rental income

Business Owner-Occupiers Need: 

  • Proof of your income, ID and address
  • Three years of business financials. If it’s a new business, you might struggle with high street lenders, but we can approach private lenders on your behalf.
  • Bank statements that cover three months

Once your lender is happy with the evidence, they’ll underwrite your mortgage and conduct a valuation. If you meet all the requirements, the lender will officially offer you a mortgage, and you can begin to work with a conveyancer to complete all of the legal information.

Exchanging Contracts

The final stage of the buying process is completing the sale by exchanging contracts. Once you do this, you’ll be able to enjoy your new business or investment property.

Get in Touch For Expert Advice Today

The commercial lending process doesn’t have to be a headache, and our brokers will always go out of their way to simplify the process and get you the best deal.

Whether it’s commercial properties to rent out or you want to expand your business, our relationships with high street and private lenders give you access to a range of mortgages that will facilitate your commercial purchase or refinancing.

Please feel free to get in touch with our friendly team for a free consultation. We look forward to working with you.