Commercial investment mortgages are designed for individuals and companies purchasing a business property as an asset, profiting from rents and property value appreciation.
Typical examples of when a Commercial investment loan would apply would be shopping centres, Industrial Estates, Agricultural Land, Office Buildings and mixed use properties.
On Commercial Investment Loans the lender looks at 2 main areas:-
- The calibre of the tenant. This determines the yield and thus the value of the asset.
- The security of the individual or company taking the loan out. A personal guarantee is often required as security for the lender for part of or all of the loan.
Lending on these loans are typically set on a margin above bank of England base rate and loans are generally available up to 75% Loan-To-Value.
Loans can be structured in many different ways; onshore, offshore, company name, LLP or trust, and funding is available from £500,000 to upwards of £100 million dependent on the project. Large development schemes are one of our specialist areas.
For more information on specialist mortgages, call now on 020 7220 5100 or click here for more contact options.
Business such as residential and buy to let mortgages in the UK are provided through Coreco Partners LLP, other business such as overseas mortgages and commercial mortgages are provided through Coreco Specialist Finance Limited and are not regulated by the Financial Conduct Authority.
Coreco Specialist Finance Limited. Registered office: 117-119 Houndsditch, London EC3A 7BT. Registered in England, Number: 06851546