We bring you the best possible solutions for your company.
Typically, a commercial mortgage is used to purchase the Unit a business operates from but this can also incorporate refinance and/or release of equity. We can provide a bespoke service for each business because we work closely with companies to understand their needs and circumstances.
Commercial Mortgages
We enjoy working with a wide variety of businesses.
BPN Commercial Ltd can source and advise on commercial mortgages for many different types of property’s throughout the UK.
Typical Terms
Typically, Lenders will look to structure the deal on following terms
Terms
Amount £50k – £25m
Loan to Value – upto 75% (100% can be achieved IF additional security is provided)
Arrangement fee 1% – 2%
Term 15 -30 yrs
Interest only and Capital repayment available including capital repayment holidays
Rates start from 2% fixed and Variable
Valuation usually will be on Vacant Possession
Security
1st legal charge over subject property/any additional security being offered
If Ltd co – Debenture (mandatory) potentially personal guarantees
Opco/Propco available (property to be purchased in separate Holding Company)
Sipp Purchases also available
