We are able to arrange commercial mortgages and commercial remortgages with a loan-to-value (LTV) ratio of up to 80% with no additional security requirements – competitive rates start at 3% above the base interest rate. If an additional asset security is offered up we are able to arrange up to 100% of the value or purchase price, for example, by securing it on a home or other investment property – we can arrange loans of up to 100%.

Examples of properties appropriate for a commercial mortgage:

• Freehold public houses & restaurants
• Offices, factories, warehouses & industrial units
• Convenience stores and retail units
• HMO (Houses in Multiple Occupancy)
• Nursing & Care homes mortgages
• Specialist buy to lets for flats under one freehold title
• Owner occupation commercial mortgages
• Commercial mortgages for investment purposes
• Land

Process

As a general guide, we are able to provide commercial funding for up to 75% of the value of the building assuming that trading business is able to provide 3 years profitable accounts.

Requirements to obtain an AIP are as follows:

PFC Application form

Proof of identity

3 years trading accounts

6 months personal bank statements

6 months business bank statements

Business plan and or your personal CV to demonstrate sector experience (if purchasing a new business)