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)
Flats under one freehold title
Brilliant Mortgages Limited trading as Brilliant Money is Authorised and Regulated by the Financial Conduct Authority. Registered in England and Wales under registration number 6140621. Registered office is 1st Floor 6 Caer Street,Swansea,SA1 3PP Brilliant Money name and logo are registered trademarks. All rights reserved.