Commercial mortgage & commercial remortgages
Purchasing a commercial property can have many benefits like tax deductable interest payments, for example and an asset increasing in value along with a rental yeald.
Along with the above positives, there are a few restrictions and downsides as well – which is why the help of a commercial mortgage broker like Discount Mortgages is invaluable.
Discount Mortgages are able to arrange commercial mortgage loans and commercial remortgages with a loan-to-value (LTV) ratio of up to 75% with competitive rates start at 3.25% above the base interest rate. We also have lenders offering interest only terms over 10 years so if your current term has expired and our current lender requires a repayment only loan then talk to us.
Below are examples of properties which can be considered for a commercial mortgage:
- Freehold public houses
- Doctors Surgery
- Convenience stores and retail units
- Factories and warehouses
- HMO (houses in multiple occupancy)
- Nursing homes
- Industrial units
- Residential Care homes
- Flats under one freehold title
- Owner occupation
Discount Mortgages can also arrange commercial mortgages for your property portfolios or individual buy to let properties, and arrange a single commercial mortgage across multiple or individual dwellings.
For commercial cases our fees are £399 admin once case agreed by lender and up to 1% broker fee payable once case offered.
Take advantage of our expertise and speak directly to a qualified advisor free on 0800 298 0678.