Unlock the potential of your business with our Commercial Mortgage solutions. Tailored for entrepreneurs, investors, and businesses looking to purchase or refinance commercial properties, our services are designed to support your ambitions with customized financial strategies.
Key details to help you understand this option at a glance.
Finance commercial property for business or investment use
Subject to circumstances and lender criteria
Flexible terms depending on the product and lender
Businesses and investors considering commercial property finance
Somerset Financial acts as a credit broker, not a lender
The Basics. Commercial Mortgages are loans secured against commercial property, whether it’s for purchasing, refinancing, or developing. They differ from residential mortgages in terms of criteria, rates, and terms, tailored to meet the specific needs of businesses.
Types of Commercial Mortgages. Explore the variety of commercial mortgage options available, including fixed-rate loans, variable rate loans, and interest-only mortgages, each designed to suit different business strategies and financial plans.
Benefits and Considerations. Securing a commercial mortgage can open up significant opportunities for business growth and investment. However, it’s important to consider factors like loan-to-value ratios, interest rates, and repayment terms. Our experts are here to guide you through these considerations, ensuring you make informed decisions that benefit your business.
A clear path from first conversation to a mortgage that fits your circumstances.
Typical reasons people speak to us about this type of mortgage.
Support designed to make the process clearer and more manageable.
This option may be relevant if you recognise yourself in one of the situations below.
A straightforward, supportive process from initial discussion through to completion.
We take time to understand your circumstances, goals and what you need from your mortgage.
We explore suitable mortgage options based on your deposit, income and property plans.
We support you through the application process and liaise with lenders on your behalf.
Once your mortgage is approved and completed, you can move forward with confidence.
Straightforward support to help you explore suitable commercial mortgage options.
Our approach starts with understanding your business and its goals. We offer tailored mortgage solutions that align with your financial objectives, whether you’re looking to expand, invest, or manage your cash flow more effectively.
The commercial mortgage landscape can be complex. Our team of experts provides the guidance and support you need to navigate the process, from initial inquiry to final approval, ensuring a smooth and successful transaction.
With relationships across a broad spectrum of lenders, including major banks and specialist finance providers, we ensure you have access to the best commercial mortgage products available.
We explain available products and next steps clearly so you can make informed decisions.
We support you from first enquiry through to completion and beyond where needed.
Whether you are buying, remortgaging or restructuring, we keep your objectives front and centre.
Clear answers to questions we are often asked.
Commercial properties can include office buildings, retail spaces, industrial warehouses, and more. If you're purchasing property for business use, it likely qualifies for a commercial mortgage.
The application process involves assessing your business’s financial health, the value of the property, and your business plan. We'll guide you through every step, ensuring you have all the necessary documentation and support.
Yes, new businesses can qualify for commercial mortgages, though the criteria may be stricter. Lenders will look at your business plan, projected cash flows, and personal financial commitment.
Terms can vary widely, from 3 to 25 years, depending on the lender and your business circumstances. We'll help you find the terms that best fit your business strategy.
Securing the best rate involves a thorough understanding of your options and negotiating with lenders. Our expertise and industry connections can help you secure competitive rates tailored to your situation.
Explore other mortgage options that may also be relevant to you.
Speak with Somerset Financial about your requirements. We act as a credit broker, not a lender, and can help you explore suitable options.
