Our Commercial Mortgage expertise is unique in that it works hand in hand with all of our other teams to ensure that all mortgage options are considered.
This unique approach means that we are more likely to get your commercial mortgage agreed and may be able to present a bundled solution that many brokers may not consider.
Commercial Mortgage is a term that is often thrown around but it covers a multitude of areas and we have all these bases covered.
Buy to Let, Portfolio, Limited Company Buy to Lets and HMO mortgages all come under the Commercial Mortgages banner.
There are a vast number of scenarios where a commercial mortgage can be used, the most popular is the purchase of a business where the applicant is going to run the business – classed as ‘own use’. Within this class of application can also be loans for expanding a business or refinancing their existing loan.
You may be looking to invest in a commercial venture or investing in residential property project and obtaining an income from those properties by way of a lease. A commercial mortgage secured against the properties is still available even if the properties are held in a Limited Company or are Houses of Multi-Occupation (HMO’s).
The team at Brilliant have a wealth of experience with commercial mortgages necessary to place your case with the right lenders to get the best possible deal for you.
We are able to arrange commercial mortgages and commercial remortgages up to a general maximum Loan To Value (LTV) of 70%. However if there is additional security which can be taken into account we can often get a higher LTV.
Examples of properties we can arrange commercial mortgages for are:
- Convenience stores and retail units
- Factories and warehouses
- Freehold public houses
- HMO’s (houses in multiple occupancy)
- Nursing homes
- Industrial units
- Care homes
- Flats under one freehold title
- Owner occupation
- BTL Portfolio’s