The right mortgage solution
We aim to ensure that we find you the best possible financial solution for your individual circumstances. We will seek a full understanding of your requirements and gather the appropriate information to move your application forward.
A commercial mortgage is, long term funding, secured on a property which is not used for residential purposes. The term may be as long as 30 years and so is frequently a large commitment where flexibility is necessary.
These fit in to two distinctive categories as detailed below – Commercial Owner Occupier and Commercial Investment.
This is where the proposed borrower is also the owner of the business that occupies the property. The property can be purchased directly by the business or via an SPV (special purchase vehicle) and rented to the business. There are a number of pros and cons to this type of transaction which we can happily look to discuss with you, but you should always seek advice from your accountant or professional adviser.
Commercial owner transactions tend to be arranged and lower interest rates than commercial investment loans and often have higher ‘Loan to Value’ rates (LTV). The LTV and rates of borrowing are normally determined by the strength of the business and by the last 3 years accounts.
100% funding can sometimes be made available if additional security is available. Typical examples in this area to name but a few include:
– Office blocks
– Care Homes
– Farms and Agricultural land
– Retail and semi commercial including shops and flats
These are some examples but there are many, many more.
This is where the proposed borrower has no link to the occupier (s) of the building and the borrower will receive income derived from the third party (s)
Lenders can provide loans on these types of transactions for up to 25 years in some instances and rates and terms of borrowing are often determined by the amount of deposit towards the purchase and the strength of the tenant(s)
Repayment of a facility is determined by the rents that are being received and these are used in determining whether a loan is affordable after any associated costs have been deducted for running the portfolio.
Loans can be made available against single properties or portfolios of properties and for any proposed loan amount.
We have access to an extensive panel of lenders and we continually review the marketplace to ensure that you receive the best possible terms.
It is vital that whilst you concentrate on your business, you don’t get hampered by reams of paperwork and countless phone calls. We will act from the point of enquiry to the release of funds, taking care of negotiations with the lender and over-viewing all documentation ensuring you the best possible deal in the marketplace for your circumstances from the extensive panel of lenders we work with. As full members of the NACFB and fully regulated by the FCA you can be sure you are dealing with trusted and fully regulated advisors.
If you would like to explore further any of the possibilities in this area then please do give us a call on 01625 421 976 or drop us a email with your enquiry details and name and contact number at firstname.lastname@example.org and one of our team of advisers will give you a call back.
Commercial and Business Mortgages
Thinking about buying your own premises? Or are you considering investing in a commercial or residential property? Whether it's buying, investing or expanding your current portfolio, a commercial mortgage may be the right solution for you.
Commercial - Business - Personal Insurance
Don't waste your hard work in business by not securing appropriate insurance to cover all risks. We can help you with Public Liability Insurance, Employee Liability Insurance, Professional Indemnity Insurance, Buildings Insurance, Debtor protection, Life & critical illness plus much more.
If you are looking to redevelop an existing site or to invest in building a new commercial or residential property, we can help you secure development funding. Our experts can also help you with options to reinvest or expand your portfolio.
Enterprise Finance Guarantee Scheme
At 2XL, we can help you buy a business or secure finance to start your own! Whether it's finance to purchase assets or to find alternative funding in the absence of security, find out more.
Finance for Pension Funds (SSAS or SSIP)
Are you looking to make your SSAS or SIPP work harder for you? Whether you are on the search for a new property to invest in using your pension scheme, we can help guide you through the process.
Finance for Professionals
Specialist industries deserve specialist advice. If you operate in any of these areas, then do get in touch to find out how we can assist you in sourcing and securing finance solutions. Our team have experience working with Doctors, Dentists, Vets, Pharmacists, Solicitors, Care Homes and Specialist care providers.
Business Loan and Peer-to-Peer Funding
Looking to expand your business with an immediate cash injection? Maybe to pay a tax bill or purchase new equipment? We can help secure funding to support your business including the purchase of a new business or ease cashflow.
Property Portfolio Funding
Whether it's a solution to refinance existing properties, purchase a new commercial or residential property or to search for stronger rates of interest to release cash, 2XL can help you find funding.
Looking to purchase new assets or equipment for your business? Whether it is a business property refurbishment, an update to your fleet or machinery or even adding that much needed van or car for your business, we can help you secure asset finance.