Commercial Mortgages
Access to over 100+ UK lenders with competitive rates
What is a Commercial Mortgage?
A commercial mortgage is a loan secured against a property that is not your residence. These mortgages are specifically designed for businesses looking to purchase or refinance commercial property, such as offices, retail units, industrial buildings, or mixed-use developments.
Unlike residential mortgages, commercial mortgages are tailored to the unique needs of businesses and typically offer:
- Loan terms ranging from 3 to 25 years
- Financing for up to 75% of the property value (Loan-to-Value)
- Options for both owner-occupied and investment properties
- Specialized underwriting that considers business performance and property income
At Commercial Mortgage Dealer, we specialize in finding the right commercial mortgage solution for your specific business needs, whether you're a small business owner, property investor, or developer.
Why Use a Commercial Mortgage Broker?
The Bank Approach
- Limited to their own products only
- Rigid lending criteria with little flexibility
- Often slower approval processes
- May decline applications that don't fit standard criteria
- Typically higher rejection rates
The Broker Advantage
- Access to 100+ lenders across the UK market
- Expert matching to the right lender
- Negotiate better rates on your behalf
- Handle complex applications
- Manage the entire application process
- No upfront fees - we're paid by the lender
Types of Commercial Mortgages
We arrange financing for a wide range of commercial property types and purposes:
Owner-Occupied Commercial Mortgages
For businesses purchasing premises to operate from. These mortgages typically offer favorable terms as lenders consider both the property value and the strength of your business.
Commercial Investment Mortgages
For investors purchasing property to let to third-party businesses. These are assessed primarily on the rental income the property will generate.
Semi-Commercial Mortgages
For mixed-use properties that combine commercial and residential elements, such as a shop with a flat above.
Commercial Remortgages
For refinancing existing commercial property loans to release equity, secure better rates, or consolidate debt.
Our Commercial Mortgage Process
1. Initial Consultation
We'll discuss your requirements, property details, and financial situation to understand your needs fully.
2. Market Research
We search the whole market to find lenders that match your specific circumstances and offer the best terms.
3. Application & Documentation
We handle the entire application process, preparing and submitting all necessary documentation to the lender.
4. Offer & Completion
We liaise with all parties to ensure a smooth process from mortgage offer to completion of your property purchase.
Frequently Asked Questions
How much deposit do I need for a commercial mortgage?
Typically, you'll need a minimum deposit of 25-30% of the property value, though this can vary depending on the lender, property type, and your business circumstances. Some lenders may require up to 40% for certain property types or higher-risk businesses.
What are the typical interest rates for commercial mortgages?
Commercial mortgage rates typically range from 3% to 7% depending on various factors including your business profile, property type, loan-to-value ratio, and term length. Rates can be fixed or variable, and we'll help you find the most competitive option for your circumstances.
How long does it take to arrange a commercial mortgage?
The process typically takes 6-12 weeks from application to completion, though this can vary depending on the complexity of your case, the lender's processes, and how quickly you can provide the required documentation. Working with a broker like us can help streamline the process.
What documents will I need to provide?
You'll typically need to provide business accounts for the last 2-3 years, bank statements, proof of ID and address, details of the property, and a business plan. The exact requirements will depend on your circumstances and the lender's criteria.
Ready to Discuss Your Commercial Mortgage Options?
Our expert brokers are ready to help you find the perfect commercial mortgage solution.