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Commercial lending for owner occupied/trading businesses

Commercial lending for owner occupied/trading businesses

Commercial mortgages for owner occupied property are aimed at trading businesses looking to purchase or refinance their own premises. They can cover a variety of property types such as retail units, offices, factory units or any commercial premises used by the business.

The maximum loan amount is normally 80%, but in some circumstances up to 100% may be possible. Interest rates start from around 2% over the base rate and lender fees from 1%. Repayment loans are typically over 20 years, but interest only facilities can be arranged. The funds can be borrowed in personal names, limited company, pension fund or trust.

 

  • Clients can generally achieve up to 85% LTV, but in some circumstances up to 100% LTV may be possible
  • Rates start from c2% over base rate
  • Repayment loans are typically over 20 years
  • Interest only options can be arranged
  • Mortgages can be taken in personal names, limited company, pension fund or trust
  • Lender fees are typically 1% of the advance

Get an instant quote.

Call: 01277 561 138
Visit www.easysource.co.uk anytime to submit your enquiry.

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Call: 01277 561 138
Email: commercial@brightstar.co.uk
Submit your client’s details at www.easysource.co.uk and select ‘call my client’.