“All our commercial mortgage deals are designed around our clients’ funding requirements through our extensive panel of lenders.”
Richard Huxley Director
Commercial
We can arrange the most competitive commercial mortgages for any property type. All our mortgage deals are designed around our clients’ needs and cover the entire range of mortgage options.
Commercial
explained
Unlike residential mortgages, commercial loans can be used for a variety of properties and purposes, including purchasing additional business premises, expanding your business, debt consolidation, cash flow and property development.
Pricing models can be complex and our lenders will consider a number of factors such as the security available, financial accounts, clients experience and credit history. Huxley Corporate Finance can provide guidance through this minefield to ensure you get the most appropriate deal for you.
Simply put, commercial mortgages can be used to purchase almost anything that isn’t private residential property, and we are here to take you through the application process.
Commercial mortgages made simple
Commercial mortgages can be used to purchase commercial property like shops, offices and warehouses — almost anything that isn’t private residential property. Here’s a few key pointers to guide you through the process:
- All types of commercial properties considered
- Up to 100% loan to value (LTV) for the right deals
- Loan secured against the property
- Fixed and variable rates
- Interest only and repayment options available
Commercial mortgage FAQs
What type of properties can a commercial mortgage be used for?
There will be variations between lenders but in general commercial mortgages can be used for properties running in a commercial capacity, such as:
- Shops
- Offices
- Restaurants
- B&B’s
- Warehouses
- Factories
- Mixed-use properties — buildings being used for both residential and business purposes
How much can I borrow on a commercial mortgage?
The amount you can borrow will depend on the type of property, your business’s financial profile, and the lender’s criteria. Typically, lenders offer up to 75% of the property’s value (Loan-to-Value), though this can vary. At Huxley, we work with a panel of lenders to find the most suitable solution based on your goals and financial circumstances.
Are interest only commercial mortgages available?
Yes, interest-only commercial mortgages are available through some lenders, particularly for investment properties. This type of loan can reduce monthly outgoings, but may come with stricter criteria or require a clear repayment strategy. We’ll help you assess whether this option fits your needs and connect you with lenders who can support it.
What checks are taken when applying for a commercial mortgage?
Lenders will typically assess your credit history, business financials, the value and type of property, and your ability to repay the loan. This could include reviewing company accounts, tax returns, business plans, and tenancy agreements if applicable. We’ll guide you through every step to ensure you’re well-prepared and positioned for approval.
Can I get a commercial mortgage on my commercial property to consolidate debts?
Yes, many businesses use commercial mortgages as a way to consolidate existing debts into a single, more manageable repayment. This can improve cash flow or reduce interest costs. Our team will review your current commitments and explore refinancing options with lenders who specialise in debt consolidation.