If you are looking for a Commercial Mortgage to purchase a Commercial Property or Re-Finance an existing Commercial Property, at Carrera Finance we have direct access to some of the best rates available in the UK market today.
At Carrera Finance, we have ready over 50 major Commercial Mortgage Lenders, who are ready to support the right deal. These lenders offer a broad range of products at very competitive rates. We can provide both capital and interest repayment schemes as well as ‘easy start’ interest only options.
If you are looking at Commercial Mortgages for the first time, Commercial Mortgages work in almost exactly the same way as a residential mortgage, but with one differing factor – the property’s main usage must be used for commercial activity, ie the running/operating of a business. Owning your business property puts you in control of the premises and monies spent are generally improving your own asset rather than something belonging to someone else. The cost of finance does vary depending on the deposit contribution, business sector, types of property and period of the loan. Depending enthuse variables dictates which lenders we would approach for our clients.
In order to assess the best Commercial Mortgage option for you and your business we will need to understand more about you and your business. In general terms we can access mortgages up to 75% of the freehold/long leasehold value of the property or business being purchased.
If you are currently occupying a commercial property as a sitting tenant and running a profitable business, then we can offer special rates and generally a higher loan to value.
For more information on Commercial Mortgages or to discuss the viability for your business, please call us today to see how we can help or submit an enquiry and we will contact you. Our advice is given freely, in confidence and without obligation.