Commercial Mortgage

A commercial mortgage is a loan for buying (or refinancing) land or a property that’s to be used for business purposes. They’re very different from a personal mortgage for your home. There are no off-the-shelf products available, so you cannot apply online or compare rates. You will need a specialist hand to guide you through the initial enquiry and the application process and then finally to the completion stage. There are 2 types of commercial mortgages:

1: Investor commercial mortgage: 

This is the purchase of a commercial freehold or leasehold property on a purely investment/rental basis.

Giles Finance negotiates commercial mortgages on the behalf of investors on a refinancing or purchase basis. We have a broad range of lenders including major banks, mutuals, building societies, niche providers, and specialised commercial mortgage lenders. 

The appropriate commercial loan lender is purposefully selected to meet the client’s needs. 

All commercial mortgages are tailored to meet the borrower’s needs. Where suitable, elements of the bespoke commercial mortgages loan structures available to clients can include loans for the following property types: 

  • Pubs, restaurants, take-away units
  • Newsagents, Corner shops, Fish & Chip Shops
  • Hotels, guest houses, B&B’s, holiday lets
  • Industrial units, factories, offices, warehouses
  • Supermarkets, Garages, Church Buildings
  • Semi Commercial Buildings
  • Office Building Mortgages
  • Specialist leisure (golf, country clubs, etc)
  • Health clubs, Golf Clubs
  • Care homes, Nurseries
  • Schools
  • Agricultural Farms

2: Owner Occupier Commercial Mortgage.

This is the purchase of a commercial premises for the buyer’s own occupancy reasons. Giles Finance negotiates commercial mortgages with a huge range of lenders including major banks, commercial building societies, regional and local building societies, and specialist commercial asset lenders.

The appropriate commercial mortgage lender is purposefully selected to meet the client’s needs. 

There is no requirement to switch day-to-day banking, and in some cases, we are acutely aware it is beneficial to keep these financing elements separate from the borrower’s mortgage account. 

All commercial mortgage products that are secured are tailored to meet the borrower’s needs. Where suitable, elements of the bespoke commercial loan structures available to clients can include: 

  • New business start-ups
  • Business turnaround solutions
  • Short Term Finance and debt consolidation
  • Working Capital raising
  • Property improvement
  • Business expansion
  • Conversion to interest-only mortgages and vice versa
  • Long-term repayment mortgages with terms up to 30 years
  • Fixed, variable, and hedged mortgage rates

It is simply a specialist type of mortgage application that requires specialist knowledge. We work with all major commercial mortgage lenders in the UK to provide you expertise and guidance for all your commercial mortgage needs. Call us on 0208 088 2211 to speak to our commercial mortgage teams.