Commercial Owner Occupied Mortgages
Owner Occupied Mortgages with UK Commercial and Development Finance
Are you contemplating a strategic move to secure or refinance commercial property for your business? Look no further than UK Commercial and Development Finance. Our owner-occupied commercial mortgages service is meticulously crafted to be your key to success.
Navigating the Essentials
Capital Infusion: Are you seeking funds to purchase or refinance commercial property for your business operations? Our tailored financial solution can make it happen.
Loan-to-Value: Benefit from a typical 75% loan-to-value, with the potential for extensions up to 100%, ensuring flexibility in your financial endeavours.
Flexible Terms: Choose from a variety of repayment terms, ranging from 5 to 25 years. Additionally, shorter interest-only options are available for your convenience.
Interest Rates: Discover competitive rates starting at 6.5%, influenced by factors such as property value, type, location, and the nature of your business industry.
Cost Breakdown: Anticipate associated costs, including lender fees of 2% to 3%, as well as application/administration, valuation, and legal fees.
Key Considerations
Strategic Property Moves: Before making a move, consider the purpose behind it. Is it a cost-effective alternative to renting? Does it align with your future business needs?
Financial Planning: Explore the possibilities of property acquisition within your SSAS or SIPP, and carefully evaluate the impact of personal/director guarantees.
Rates & Fees
Cost Analysis: Understand the nuanced financial landscape of commercial funding, including higher rates and fees compared to residential lending. Draw a comparison to renting and weigh the potential savings or additional costs.
Financial Preparedness: Factor in substantial fees, ensuring a robust cash flow and business safety net when venturing into commercial property ownership.
Borrowing Limits
Business Viability Assessment: Lenders assess your business EBITDA, evaluating assets, debts, and your capacity to make repayments. Repayment terms align with your business industry, your age, and considerations for shareholders.
Embarking on the journey of owner-occupied commercial mortgages demands strategic thinking. At UK Commercial and Development Finance, we pave the way for your business success. Unlock the full potential of your business with our tailored financial solutions.
Key Takeaways
- Loan-to-Value: Up to 100%, typical maximum 75%.
- Repayment Terms: 5 to 25 years, with 10 to 15 years interest-only.
- Lending Rates: Start from 6.5%, based on property details.
- Lender Fees: Typically 2% to 3% of the loan advance.
- Additional Fees: Include application, valuation, and legal fees.
- Financial Assessment: Evaluating business EBITDA for repayment capability.
- Strategic Property Moves: Cost-effective alternative to renting or aligning with future business needs.
- Financial Planning: Explore property acquisition within SSAS or SIPP.
- Personal Guarantees: Evaluate the impact on personal assets.
We get to know you and your needs and provide you with professional advice bespoke to your needs. No fuss, no nonsense, just 20+ years of experience.
Our advisers are qualified and trained in many areas of specialist property finance. Speak with them today to find out more about your project.
I'm an individual investor
Whether you’re an individual investor, entrepreneur or corporate executive, our client advisors are ready to help. We have a wide range of services available to fit your current wealth situation.
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Arrange a call with one of our advisers
We would love to hear from you and to discuss your enquiry. For a free introductory call to discuss your needs, call us 0117 251 0563 and ask for Ryan or Luke.