![]() Our advisers can review your finances to evaluate the best lender and products for you.Ĭommercial mortgages are not regulated by the Financial Conduct Authority (FCA). Base rate linked and fixed rates are available. We can lend up to 70 of the value of the property and in some cases we can lend more. If you plan to rent out the property, lenders may also look at the finances of your tenants. A commercial mortgage from TSB is an ideal way of purchasing or remortgaging commercial property. If your profits are enough to meet monthly payments.However, it excludes some fees you may end up having to pay. Your company’s income, assets and credit record The calculator above is designed to give you a quick overview of how much a commercial mortgage might cost.Interest rate: The rates you’re offered depend on how much you borrow and your company’s finances.Įach lender will evaluate an application based on: ![]() ![]() The amount could be a set fee like £995 or depend on how much you borrow. Each lender has different charges, which can include valuation and arrangement fees. Customarily you can borrow between £50,000 and £40 million.įees: Business mortgages come with many of the same fees as a domestic mortgage.You pay back monthly over a term of between a month and 30 years.Some let you use equity in another property you own instead of a deposit. This means you need a deposit or equity of at least 25%.You can get a loan to value of up to 75%.Now is the perfect time for you to join a booming. Interest in the care home sector is surging among both first-time buyers and experienced operators, not least because of the attractive returns it can offer to owner-operators. We help you get the best care home finance. The loan is secured against the property Christie Finance is an expert in commercial mortgages for care homes.Depending on your business, you could be offered quotes for interest only or repayment mortgages.They work like normal mortgages but let you buy one or more properties to: Our easy-to-use mortgage calculator allows you to quickly work out your monthly repayments on any loan or mortgage against a given interest rate and loan.
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