Commercial Mortgages / Business Loans
Commercial Mortgages or loans are usually taken out to buy, extend, improve or remortgage premises or simply to reduce your existing interest payments.
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If you need professional advice on taking out Commercial Mortgages or business loans, we can put you in contact with a leading UK business financial solution firm.
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Criteria and Loan Rate
Loan amount available: From £25,001. No maximum
Term: Up to 25 years
LTV: (Loan to value) Generally up to 75% applies. This can be up to 100% if additional security is possible. In some circumstances sitting tenants can also get up to 100% LTV.
Rate: Available on request.
Fees: Valuation costs and the lenders legal fees are payable. Arrangement fee is usually between 0.5% to 1% of loan.
A commitment fee is also sometimes applicable
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